Does Georgia Law Permit Compensation of any Type for HOA Directors, Including When they are Serving as Officers?

For communities governed by the Georgia Property Owners’ Association Act, the Board can employ, retain, and/or dismiss agents and employees (including officers) unless the declaration expressly prohibits or restricts the board’s power to do so.  O.C.G.A. §44-3-231(a)(1).  Georgia’s Nonprofit Corporations Law also provides that “a board of directors may fix the compensation of directors” unless the governing documents say otherwise.  O.C.G.A. §14-3-812.  Any such compensation must be recorded and reported at member meetings.  O.C.G.A. §§44-3-231(d)(2), 44-3-230. To understand which statutes apply to your community, you can read the Georgia HOA Laws Guide.

 

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