O.C.G.A.
O.C.G.A. § 20-3-54 (2019)
Use of funds donated for particular institution
✓ 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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Unless directed otherwise by the General Assembly, the board of regents shall not use any moneys or properties received from any source other than appropriations by the legislature except for the benefit of the institution for whose use the money or property was donated.
History
(Ga. L. 1931, p. 7, § 72; Code 1933, § 32-117.)
Annotations
RESEARCH REFERENCES Am. Jur. 2d. - 15A Am. Jur. 2d, Colleges and Universities, § 41.
C.J.S. - 14A C.J.S., Colleges and Universities, § 6 et seq.