Georgia Statutes

§ 20-3-205 — Immunity from liability of members and persons executing bonds or notes

Georgia·Title 20
Neither the members of the authority nor any person executing bonds or notes on behalf of the authority shall be personally liable thereon by reason of the issuance thereof.

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Legislative History

Reenacted by 2024 Ga. Laws 399,§ 3-1, eff. 6/30/2024. Repealed and reserved by 2019 Ga. Laws 296,§ 7-1, eff. 7/1/2019. Part 7 of 2019 Ga. Laws 296, which repealed Article 6, relating to the Private Colleges and Universities Authority, was declared unconstitutional and its implementation was permanently enjoined by Private Colleges and Universities Authorities v. Kemp, No. 2019CV322341 (Superor Court of Fulton County, July 8, 2019)

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