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2018 Georgia Code 20-2-576 | Car Wreck Lawyer

TITLE 20 EDUCATION

Section 2. Elementary and Secondary Education, 20-2-1 through 20-2-2180.

ARTICLE 11 PUBLIC SCHOOL PROPERTY AND FACILITIES

20-2-576. Moneys received deemed trust funds.

All moneys received pursuant to this part, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this part.

(Ga. L. 1951, p. 241, § 26.)

JUDICIAL DECISIONS

Cited in Georgia Educ. Auth. v. Davis, 227 Ga. 36, 178 S.E.2d 853 (1970).

RESEARCH REFERENCES

Am. Jur. 2d.

- 63C Am. Jur. 2d, Public Funds, §§ 2, 5, 6, 42.

C.J.S.

- 78A C.J.S., Schools and School Districts, § 729.

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