Georgia § 14-2-1806 - Role of board of directors.
Full text of Georgia Official Code of Georgia Annotated § 14-2-1806 — Role of board of directors., with citation guidance and answers to common questions.
§ 14-2-1806. Role of board of directors.
In addition to any other duties imposed by this chapter, the board of directors of a benefit corporation shall: Pursuant to its incorporation, state that the corporation is a benefit corporation in its articles of incorporation; Consider the public benefit or benefits specified in the benefit corporation's articles of incorporation when managing or directing the business and affairs of the benefit corporation; and Adopt a standard or standards by which to measure the benefit corporation's performance in pursuing the public benefit or benefits specified in the benefit corporation's articles of incorporation. Notwithstanding subsection (a) of this Code section or any other provision of this chapter: Directors of a benefit corporation have no duty to any person on account of such person having any interest in the public benefit or benefits specified in the articles of incorporation; and Unless otherwise provided in the articles of incorporation, directors of a benefit corporation have no monetary liability to any person for any failure to comply with any duty created by this Code section or any failure of the benefit corporation to pursue a public benefit or benefits as specified in its articles of incorporation. (Code 1981, § 14-2-1806 , enacted by Ga. L. 2020, p. 305, § 1-1/HB 230.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 14-2-1806
What does Official Code of Georgia Annotated § 14-2-1806 cover?
Section 14-2-1806 ("Role of board of directors.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 14-2-1806?
A common citation format is "Official Code of Georgia Annotated § 14-2-1806" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 14-2-1806 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.