HB 192

  • Georgia House Bill
  • 2017-2018 Regular Session
  • Introduced in House
  • Passed House Mar 03, 2017
  • Passed Senate Mar 24, 2017
  • Signed by Governor May 09, 2017

Banks, trust companies, and corporations; responsibilities and standard of care of directors and officers; change provisions

Abstract

A BILL to be entitled an Act to amend Part 12 of Article 2 of Chapter 1 of Title 7 and Article 8 of Chapter 2 of Title 14 of the O.C.G.A., relating to management of bank and trust companies and directors and officers of corporations, respectively, so as to change provisions relating to the responsibilities and standard of care of directors and officers of banks, trust companies, and corporations; to clarify and expand the ability of directors and officers to rely on other individuals in the performance of their duties; to shield directors and officers from liability for monetary damages to the corporation, its shareholders, and certain other parties in the absence of gross negligence; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Bill Sponsors (6)

Votes


Actions


Jul 01, 2017

Georgia General Assembly

Effective Date

May 09, 2017

Senate

Act 248

House

House Date Signed by Governor

Apr 03, 2017

House

House Sent to Governor

Mar 24, 2017

Senate

Senate Passed/Adopted

Senate

Senate Third Read

Mar 20, 2017

Senate

Senate Read Second Time

Mar 16, 2017

Senate

Senate Committee Favorably Reported

  • Committee-Passage-Favorable
Banking and Financial Institutions

Mar 03, 2017

House

House Third Readers

Senate

Senate Read and Referred

  • Referral-Committee
Banking and Financial Institutions

House

House Passed/Adopted By Substitute

Mar 01, 2017

House

House Committee Favorably Reported By Substitute

  • Committee-Passage-Favorable
Judiciary

Feb 02, 2017

House

House Second Readers

Feb 01, 2017

House

House First Readers

Jan 31, 2017

House

House Hopper

Bill Text

Bill Text Versions Format
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Related Documents

Document Format
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Sources

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