Are volunteer board members of Georgia nonprofits personally liable without D&O?

Volunteer board members of Georgia nonprofits have personal liability exposure for their decisions even without a paycheck. If a donor sues the board for misuse of restricted funds, if an employee sues over a board decision that affected their employment, or if a regulatory investigation targets board governance decisions, individual board members can be named personally. D&O insurance pays the board's legal defense and any covered settlement. Without D&O, board members are personally liable for legal fees even on meritless claims. Most insurance-literate professionals now ask whether a nonprofit carries D&O before agreeing to serve on the board.