O.C.G.A.

O.C.G.A. § 2-8-17 (2019)

Funds of commissions - Treatment as trust funds

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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Funds received by the Commissioner under this article shall be held in trust for the affected commission. Such funds shall be deposited, accounted for, and disbursed in the same manner as the funds of this state but shall not be required to be deposited in the state treasury and appropriated therefrom as are other state funds. It is the express intent and purpose of this article to authorize the receipt, collection, and disbursement by the Commissioner of such funds as trust funds of the affected entity without complying with the requirement applicable to funds collected for the use and benefit of the state.

History

Ga. L. 1961, p. 301, § 6; Ga. L. 1969, p. 763, § 7; Code 1981, § 2-8-9;

Code 1981, § 2-8-17, as redesignated by Ga. L. 1989, p. 1420, § 1.

Annotations

OPINIONS OF THE ATTORNEY GENERAL Funds expended for student scholarships in dairy science curricula prohibited. - Fiscal resources of the Georgia Agricultural Commodity Commission for Milk may not be expended to fund student scholarships in the dairy science curricula at the University of Georgia or to participate in funding a private scholarship foundation for students matriculating in such curricula. 1976 Op. Att’y Gen. No. 76-115.

Also contributions to Southeastern Legal Foundation activities. - Funds of the commissions may not be expended for contributions to and support of the activities of the Southeastern Legal Foundation since the Foundation is a private enterprise undertaken by and serving private groups and individuals. 1976 Op. Att’y Gen. No. 76-102.