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O.C.G.A. § 47-4-27 — Power of board to take, hold, and invest any gift, grant, or bequest | Georgia Code

O.C.G.A. § 47-4-27 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 47 RETIREMENT AND PENSIONS

Section 4. Public School Employees Retirement System, 47-4-1 through 47-4-121.

ARTICLE 2 CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM

47-4-27. Power of board to take, hold, and invest any gift, grant, or bequest.

The board may take any gift, grant, or bequest, any money, any real or personal property, or any other thing of value and hold or invest the same for the uses and purposes of the retirement system, in accordance with this chapter.

(Ga. L. 1969, p. 998, § 15.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 60A Am. Jur. 2d, Pensions and Retirement Funds, § 1169 et seq.

C.J.S.

- 78 C.J.S., Schools and School Districts, § 264 et seq. 81A C.J.S., States, § 224 et seq.

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This Georgia Code resource is curated by Graham W. Syfert, Esq., a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.