Fabio
76 lines
4.3 KiB
Markdown
76 lines
4.3 KiB
Markdown
---
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type: "Bill"
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title: "Banks, trust companies, and corporations; responsibilities and standard of care of directors and officers; change provisions"
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description: "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."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2017_18"
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identifier: "HB 192"
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citation: "Georgia HB 192 (2017_18)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Beth Beskin", "Bruce Williamson", "Christian Coomer", "Jay Powell", "Matt Hatchett", "Wendell Willard"]
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version_count: 0
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action_count: 15
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vote_count: 1
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first_action: "2017-01-31"
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last_action: "2017-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/07a1fa1f-e90b-4f41-b6c4-d920b4a1750f"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "a28a3587ed4ab190bd570aba696ee39669f920c79c78b905c1c2173b2542a8e6"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ga"]
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---
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# Georgia HB 192 (2017_18) — Banks, trust companies, and corporations; responsibilities and standard of care of directors and officers; change provisions
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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.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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## Votes
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- PASSAGE — **128–40** (pass) · lower
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## Sponsors
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- Beth Beskin — primary (person)
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- Bruce Williamson — primary (person)
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- Christian Coomer — primary (person)
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- Jay Powell — primary (person)
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- Matt Hatchett — primary (person)
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- Wendell Willard — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2017-01-31** House Hopper
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- **2017-02-01** House First Readers `reading-1`
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- **2017-02-02** House Second Readers `reading-2`
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- **2017-03-01** House Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2017-03-03** House Third Readers `reading-3`
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- **2017-03-03** House Passed/Adopted By Substitute `passage`
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- **2017-03-03** Senate Read and Referred `referral-committee`
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- **2017-03-16** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2017-03-20** Senate Read Second Time `reading-2`
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- **2017-03-24** Senate Third Read `reading-3`
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- **2017-03-24** Senate Passed/Adopted `passage`
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- **2017-04-03** House Sent to Governor `executive-receipt`
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- **2017-05-09** House Date Signed by Governor `executive-signature`
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- **2017-05-09** Act 248 `executive-signature`
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- **2017-07-01** Effective Date
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/07a1fa1f-e90b-4f41-b6c4-d920b4a1750f`. Confidence: reported (aggregated from official Georgia legislature records).
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