No director or officer of the authority shall be subject to any personal liability or accountability by reason of his execution of any obligations or the issuance thereof.
History. Code 1933, § 32-3739, enacted by Ga. L. 1980, p. 835, § 3.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 7 - Scholarships, Loans, and Grants
Part 3 - Georgia Student Finance Authority
Subpart 2 - Educational Loans Financed by Revenue Bonds
§ 20-3-340. Legislative Findings; Purpose of Subpart
§ 20-3-342. Educational Loan Program Activities Authorized; Powers and Duties of Authority
§ 20-3-345. Trust Agreements Authorized; Provisions of Trust Agreements and Bond Resolutions
§ 20-3-346. Lien of Pledge of Revenues or Assets of Authority
§ 20-3-347. Moneys Received by Authority Deemed Trust Funds; Investment
§ 20-3-348. Rights of Holders of Obligations of Authority
§ 20-3-349. Obligations of Authority Are Negotiable Instruments
§ 20-3-350. Obligations of Authority Are Legal Investments and Deposits
§ 20-3-351. Issuance of Refunding Obligations by Authority
§ 20-3-352. Reserve or Replacement Funds of Authority
§ 20-3-353. Exemption of Directors and Officers of Authority From Personal Liability
§ 20-3-354. Payment of Expenses From Appropriations and Income
§ 20-3-355. Tax Exemptions of Authority and Its Bonds and Notes; Exceptions
§ 20-3-356. Interests of Bondholders Protected
§ 20-3-357. Termination or Dissolution of Authority
§ 20-3-358. SubPart And Part Deemed Supplemental to Other Laws