Limitation on Members' Liability

  1. Law
  2. Georgia Code
  3. Corporations, Partnerships, and Associations
  4. Nonprofit Corporations
  5. Membership
  6. Rights and Liabilities of Members
  7. Limitation on Members' Liability

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A member of a corporation is not, as such, personally liable for the acts, debts, liabilities, or obligations of the corporation.

(Code 1981, §14-3-611, enacted by Ga. L. 1991, p. 465, § 1.)


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