O.C.G.A.

O.C.G.A. § 36-82-256 (2019)

Applicability to prior contracts

✓ 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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Any contract which has been duly authorized and executed by a local governmental entity before May 2, 2005, shall not be rendered invalid or improper by the provisions of this article; provided, however, that this article shall apply to any renewal of such a contract after May 2, 2005, unless the contract permitted the renewal and set the terms of the renewal contract before January 1, 2005, in which case this article shall not apply to any such renewals.

History

Code 1981, § 36-82-256, enacted by Ga. L. 2005, p. 642, § 1/SB 227.

Annotations

Code Commission notes. - Pursuant to Code Section 28-9-5, in 2005, ‘‘May 2,

2005,’’ was substituted for ‘‘the effective date of this article’’ and ‘‘May 2, 2005,’’ was substituted for ‘‘its effective date’’ in this Code section.

CHAPTER 83 LOCAL GOVERNMENT INVESTMENT POOL Sec.

Short title. Legislative findings; purpose of chapter. Definitions. Authorized investments; delegation of investment authority to financial officer; objective of investment.

Sec.

Pledge of collateral from depository institutions. Interfund pooling for investment purposes. State technical assistance. Local government investment pool.