O.C.G.A.

O.C.G.A. § 50-25-10 (2019)

Moneys received by authority deemed to be trust funds

✓ 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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All moneys received by the authority pursuant to this chapter shall be deemed to be trust funds to be held and applied solely as provided in this chapter.

History

Code 1981, § 50-25-9, enacted by Ga. L. 1990, p. 1566, § 1; Code 1981, § 50-25-10, as redesignated by Ga. L. 1992, p. 1431, § 1.

Annotations

Editor’s notes. - Ga. L. 1992, p. 1431,

§ 1, effective July 1, 1992, redesignated former Code Section 50-25-10 as present Code Section 50-25-11, pertaining to other powers.