O.C.G.A.

O.C.G.A. § 47-16-27 (2019)

Duty of board to keep records of accounts and operations; presentation of annual financial statement to Georgia Sheriffs’ Association

✓ 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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(a) The board shall keep accurate permanent records of all persons who qualify to participate in the fund and shall keep accurate permanent records of all its accounts in granting retirement benefits and of all payments, disbursements, and investments. It shall also keep proper detailed records of all its acts and operations.

(b) The board shall present each year at the annual convention of the Georgia Sheriffs’ Association a financial statement of the fund for the preceding year.

History

(Ga. L. 1963, p. 630, § 4; Ga. L. 1968, p. 1203, § 3.)

Annotations

RESEARCH REFERENCES Am. Jur. 2d. - 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1228 et seq.

C.J.S. - 81A C.J.S., States, § 388 et seq.