--- title: O.C.G.A. § 20-3-353. Exemption of directors and officers of authority from personal liability. collection: code id: 20-3-353 cite_as: O.C.G.A. § 20-3-353 (2025) canonical_url: https://georgiacommons.org/code/20-3-353 md_url: https://georgiacommons.org/code/20-3-353.md text_url: https://georgiacommons.org/code/20-3-353/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch3-18-(v17a)-2025-pdf.pdf?sfvrsn=10d12596_0#page=229 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/20-3.md previous: https://georgiacommons.org/code/20-3-352.md next: https://georgiacommons.org/code/20-3-354.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true current_through: Including Acts of the 2025 Session of the General Assembly of Georgia heading_path: EDUCATION / POSTSECONDARY EDUCATION / SCHOLARSHIPS, LOANS, AND GRANTS / GEORGIA STUDENT FINANCE AUTHORITY / Educational Loans Financed by Revenue Bonds --- # O.C.G.A. § 20-3-353. Exemption of directors and officers of authority from personal liability. No director or officer of the authority shall be subject to any personal liability or accountability by reason of his execution of any obligations or the issuance thereof. ## History Code 1933, § 32-3739, enacted by Ga. L. 1980, p. 835, § 3.