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2018 Georgia Code 50-17-66 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 50-17-66 Case Law from Google Scholar Amendments to OCGA 50-17-66

TITLE 50 STATE GOVERNMENT

Section 17. State Debt, Investment, and Depositories, 50-17-1 through 50-17-105.

ARTICLE 3 STATE DEPOSITORIES

50-17-66. State officer not to receive commission, interest, compensation, or reward for depositing state money.

No officer of this state shall be allowed to receive any commission, interest, compensation, or reward for himself from any source for the depositing of the state's money in depositories or for continuing such deposits. Any officer of this state who receives any such commission, interest, compensation, or reward for himself shall, upon conviction thereof, be punished by imprisonment for not less than seven nor more than 20 years and shall be disqualified to hold office.

(Ga. L. 1878-79, p. 88, § 2; Code 1882, § 943b; Ga. L. 1895, p. 22, § 1; Civil Code 1895, § 984; Penal Code 1895, § 201; Civil Code 1910, § 1251; Penal Code 1910, § 199; Code 1933, §§ 100-103, 100-9901.)

OPINIONS OF THE ATTORNEY GENERAL

Limitations on purchase of negotiable certificates of deposit.

- Terms "the most advantageous contracts for interest" and "time deposit agreements" permit the state treasurer (now director of the Office of Treasury and Fiscal Services) to purchase negotiable certificates of deposit from state depositories provided the negotiable certificates of deposit are at the rates of interest required by the State Depository Board. 1971 Op. Att'y Gen. No. 71-79.

RESEARCH REFERENCES

Am. Jur. 2d.

- 63C Am. Jur. 2d, Public Funds, § 12.

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