Staff Analysis of the Legislation
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HB192 amends Part 12 of Article 2 of Chapter 1 of Title 7
and Article 8 of Chapter 2 of Title 14 of the OCGA. Section 2 lists the duties
of a director of officer of a bank or trust company when he or she is
discharged. Section 3 lists the duties of each member of a board of directors
when they are discharged and explains the extent of the director’s liabilities.
Lastly, section 4 details the standard conduct for officers, including their
duties when they are discharged. |
