Georgia Statutes

§ 20-16-15 — Funds received pursuant to this chapter to be held in trust

Georgia·Title 20

All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.

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Georgia § 20-16-15 (Funds received pursuant to this chapter to be held in trust) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by 2006 Ga. Laws 762,§ 1, eff. 7/1/2006.

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