Georgia Statutes
§ 20-2-2009 — Joint and several liability of fund members
Georgia·Title 20
Each board of education shall be jointly and severally liable for all legal obligations of a fund which arise out of an event which occurred while such board was a member of such fund; provided, however, that a fund shall not assume a risk greater than an amount to be determined by the Commissioner; and provided, further, that this legal obligation may be enforced by an assessment against such member as provided in the bylaws of the agency.
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Related
National Casualty Co. v. Georgia School Boards Ass'n-Risk Management Fund
261 F. Supp. 3d 1316 (N.D. Georgia, 2017)
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Legislative findings and intent§ 20-1-22
Definitions