SB 373

  • Georgia Senate Bill
  • 2019-2020 Regular Session
  • Introduced in Senate
  • Passed Senate Mar 02, 2020
  • Passed House Jun 26, 2020
  • Signed by Governor Jun 29, 2020

Nonprofit Corporations; directors and officers of electric membership corporations and foreign electric cooperatives; provisions; change

Abstract

A BILL to be entitled an Act to amend Article 8 of Chapter 3 of Title 14 and Part 6 of Article 4 of Chapter 3 of Title 46 of the Official Code of Georgia Annotated, relating to directors and officers of nonprofit corporations and directors and officers of electric membership corporations and foreign electric cooperatives, respectively, so as to change provisions relating to the responsibilities and standard of care of directors and officers of certain corporations; to clarify the ability of directors and officers to rely on other individuals in the performance of their duties; to provide for a rebuttable presumption when directors and officers are acting in good faith; to provide for related matters; to provide for applicability; to repeal conflicting laws; and for other purposes.

Bill Sponsors (21)

Votes


Actions


Jul 01, 2020

Georgia General Assembly

Effective Date

Jun 29, 2020

Senate

Act 391

Senate

Senate Date Signed by Governor

Senate

Senate Sent to Governor

Jun 26, 2020

House

House Third Readers

House

House Passed/Adopted

Jun 22, 2020

House

House Committee Favorably Reported

  • Committee-Passage-Favorable
Energy, Utilities & Telecommunications

Mar 04, 2020

House

House Second Readers

Mar 03, 2020

House

House First Readers

Mar 02, 2020

Senate

Senate Passed/Adopted As Amended

Senate

Senate Third Read

Feb 24, 2020

Senate

Senate Read Second Time

Feb 21, 2020

Senate

Senate Committee Favorably Reported

  • Committee-Passage-Favorable
Judiciary

Feb 18, 2020

Senate

Senate Read and Referred

  • Referral-Committee
Judiciary

Feb 05, 2020

Senate

Senate Hopper

Bill Text

Bill Text Versions Format
SB373/AP* PDF
As passed Senate PDF
As introduced LC 36 4191 PDF
Floor amend 1 AM 36 0783 PDF

Related Documents

Document Format
No related documents.

Sources

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