---
title: O.C.G.A. § 14-3-858. Insurance.
collection: code
id: 14-3-858
cite_as: O.C.G.A. § 14-3-858 (2025)
canonical_url: https://georgiacommons.org/code/14-3-858
md_url: https://georgiacommons.org/code/14-3-858.md
text_url: https://georgiacommons.org/code/14-3-858/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-pdf.pdf?sfvrsn=82868bd8_0#page=136
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/14-3.md
previous: https://georgiacommons.org/code/14-3-857.md
next: https://georgiacommons.org/code/14-3-859.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / NONPROFIT CORPORATIONS / DIRECTORS AND OFFICERS / INDEMNIFICATION
---

# O.C.G.A. § 14-3-858. Insurance.

A corporation may purchase and maintain insurance on behalf of an individual who is a director, officer, employee, or agent of the corporation or who, while a director, officer, employee, or agent of the corporation, serves at the corporation’s request as a director, officer, partner, trustee, employee, or agent of another domestic or foreign business or nonprofit corporation, partnership, joint venture, trust, employee benefit plan, or other entity against liability asserted against or incurred by the individual in that capacity or arising from the individual’s status as a director, officer, employee, or agent, whether or not the corporation would have power to indemnify or advance expenses to the individual against the same liability under this part.

## History

Code 1981, § 14-3-857, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 1997, p. 1165, § 14; Code 1981, § 14-3-858, as redesignated by Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.

## Editor's Notes

Ga. L. 2023, p. 419, § 1-1/SB 148, redesignated former Code Section 14-3-858 as present Code Section 14-3-859.

## Amendments

The 2023 amendment, effective July 1, 2023, redesignated former Code Section 14-3-857 as present Code Section 14-3-858.