---
title: O.C.G.A. § 7-1-486. Honorary and advisory positions.
collection: code
id: 7-1-486
cite_as: O.C.G.A. § 7-1-486 (2025)
canonical_url: https://georgiacommons.org/code/7-1-486
md_url: https://georgiacommons.org/code/7-1-486.md
text_url: https://georgiacommons.org/code/7-1-486/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=266
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/7-1.md
previous: https://georgiacommons.org/code/7-1-485.md
next: https://georgiacommons.org/code/7-1-487.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: BANKING AND FINANCE / FINANCIAL INSTITUTIONS / BANKS AND TRUST COMPANIES / MANAGEMENT
---

# O.C.G.A. § 7-1-486. Honorary and advisory positions.

The board of directors of any bank or trust company may appoint an individual as an honorary director or director emeritus or member of an advisory board. An individual so appointed may be compensated but may not vote at any meeting of the board of directors or be counted in determining a quorum and shall not have any responsibility or be subject to any liability imposed upon a director, or otherwise be deemed a director.

## History

Code 1933, § 41A-2207, enacted by Ga. L. 1974, p. 705, § 1.