Fabio
95 lines
5.5 KiB
Markdown
95 lines
5.5 KiB
Markdown
---
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type: "Bill"
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title: "Nonprofit Corporations; directors and officers of electric membership corporations and foreign electric cooperatives; provisions; change"
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description: "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."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2019_20"
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identifier: "SB 373"
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citation: "Georgia SB 373 (2019_20)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bill Cowsert", "Brandon Beach", "Burt Jones", "Chuck Payne", "Chuck Hufstetler", "Dean Burke", "Emanuel Jones", "Frank Ginn", "Jeff Mullis", "Jesse Stone", "John Albers", "John Kennedy", "Kay Kirkpatrick", "Larry Walker, III", "Matt Brass", "Michael 'Doc' Rhett", "Renee Unterman", "Sally Harrell", "Steve Gooch", "Tyler Harper", "William Ligon, Jr."]
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version_count: 4
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action_count: 15
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vote_count: 1
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first_action: "2020-02-05"
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last_action: "2020-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/291a357f-4d51-4815-9808-56aed3319811"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "721e7d9d98a8d7b8874735eeef7404d2340eb52e62a0133ce4f1cb96a2e7c9ef"
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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 SB 373 (2019_20) — Nonprofit Corporations; directors and officers of electric membership corporations and foreign electric cooperatives; provisions; change
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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.
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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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1. **As introduced LC 36 4191** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/189635.pdf)
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2. **As passed Senate** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/191785.pdf)
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3. **Floor amend 1 AM 36 0783** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/191666.pdf)
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4. **SB373/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/195215.pdf)
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## Votes
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- PASSAGE AS AMENDED — **53–0** (pass) · upper
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## Sponsors
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- Bill Cowsert — primary (person)
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- Brandon Beach — primary (person)
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- Burt Jones — primary (person)
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- Chuck Payne — primary (person)
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- Chuck Hufstetler — primary (person)
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- Dean Burke — primary (person)
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- Emanuel Jones — primary (person)
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- Frank Ginn — primary (person)
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- Jeff Mullis — primary (person)
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- Jesse Stone — primary (person)
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- John Albers — primary (person)
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- John Kennedy — primary (person)
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- Kay Kirkpatrick — primary (person)
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- Larry Walker, III — primary (person)
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- Matt Brass — primary (person)
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- Michael 'Doc' Rhett — primary (person)
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- Renee Unterman — primary (person)
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- Sally Harrell — primary (person)
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- Steve Gooch — primary (person)
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- Tyler Harper — primary (person)
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- William Ligon, Jr. — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-02-05** Senate Hopper
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- **2020-02-18** Senate Read and Referred `referral-committee`
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- **2020-02-21** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2020-02-24** Senate Read Second Time `reading-2`
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- **2020-03-02** Senate Third Read `reading-3`
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- **2020-03-02** Senate Passed/Adopted As Amended `passage`
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- **2020-03-03** House First Readers `reading-1`
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- **2020-03-04** House Second Readers `reading-2`
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- **2020-06-22** House Committee Favorably Reported `committee-passage-favorable`
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- **2020-06-26** House Third Readers `reading-3`
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- **2020-06-26** House Passed/Adopted `passage`
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- **2020-06-29** Senate Sent to Governor `executive-receipt`
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- **2020-06-29** Senate Date Signed by Governor `executive-signature`
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- **2020-06-29** Act 391 `executive-signature`
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- **2020-07-01** 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/291a357f-4d51-4815-9808-56aed3319811`. Confidence: reported (aggregated from official Georgia legislature records).
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