O.C.G.A.

O.C.G.A. § 30-10-5 (2019)

Community trusts; board of trustees

✓ 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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Each community trust shall have a board of trustees appointed by the governing body of the nonprofit organization forming the trust, which shall include persons with expertise in business and investments and persons with expertise regarding the care, support, habilitation, rehabilitation, and treatment of persons with impairments. The members of the board of trustees shall serve without compensation but shall be reimbursed by the community trust for their actual expenses relating to the trust. The board of trustees shall administer the community trust and establish policies and rules and regulations necessary to exercise its powers in accordance with this chapter.

History

(Code 1981, § 30-10-5, enacted by Ga. L. 1996, p. 804, § 2.)

Annotations

Code Commission notes. - Pursuant to Code Section 28-9-5, in 1996, ‘‘Commu-

nity Trust’’ was lower-cased in three places.