State Codes and Statutes

Statutes > Georgia > Title-45 > Chapter-8 > 45-8-17

O.C.G.A. 45-8-17 (2010)
45-8-17. Deposit of funds in banks or depositories -- Liability of public authorities or members thereof for official actions

No proper authority, including the state treasurer, nor any member of a board or tribunal constituting such a proper authority shall, where acting in good faith, incur any liability by reason of designating any depository, permitting deposits of public funds to be collateralized by the direct method or the pooled method, administering or regulating the pooled method, or taking any other official action required of such proper authority under this chapter.

State Codes and Statutes

Statutes > Georgia > Title-45 > Chapter-8 > 45-8-17

O.C.G.A. 45-8-17 (2010)
45-8-17. Deposit of funds in banks or depositories -- Liability of public authorities or members thereof for official actions

No proper authority, including the state treasurer, nor any member of a board or tribunal constituting such a proper authority shall, where acting in good faith, incur any liability by reason of designating any depository, permitting deposits of public funds to be collateralized by the direct method or the pooled method, administering or regulating the pooled method, or taking any other official action required of such proper authority under this chapter.