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Volume 3, Issue 2 (Winter 1986)

CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS Corporate Officers and Directors: Provide Standard of Care and Amend Law on Indemnification

HB 209 establishes a standard of care for corporate directors and officers in the performance of their duties; permits indemnification in certain instances for directors, officers, agents, and employees who are made a party to or threatened with litigation arising out of their activities for the corporation; permits inclusion in

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BANKING AND FINANCE Credit Cards: Provide for Deregulation

The Act deregulates banking laws governing bank credit cards issued in Georgia. Deregulation is accomplished by eliminating the eighteen percent ceiling on interest rates, the twelve dollar annual fee limit, and other rate and fee limitations on credit cards issued in Georgia. The Act also permits out-of-state financial institutions to

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EVIDENCE Crime Against Minor Child: Compel Testimony of Spouse

The Act amends the provisions of the Code which prohibited the compulsion of testimony from one spouse against another in criminal proceedings. It provides that spouses may be compelled to testify against each other in proceedings in which the husband or wife is charged with a crime against a minor

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COURTS Juveniles: Redefine Designated Felony Act

The Act amends Georgia's Designated Felony Law by providing that a juvenile will be subject to the provisions of the Designated Felony Law if the juvenile commits an act which would be a felony if committed by an adult and the juvenile has been adjudicated three times previously

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WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES Children Born Out of Wedlock: Expand Inheritance Rights

The Act amends and expands the statutory provisions allowing inheritance from their fathers by children born out of wedlock. In addition to the current provisions allowing inheritance when there has been a judicial determination of either legitimacy or paternity during the father's lifetime, the inheritance rights of children

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