Georgia § 47-6-20 Creation and administration of the retirement system; commencement of operations; corporate powers and privileges; name in which retirement system to transact business

Georgia Statutes

§ 47-6-20 — Creation and administration of the retirement system; commencement of operations; corporate powers and privileges; name in which retirement system to transact business

Georgia § 47-6-20

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This text of Georgia § 47-6-20 (Creation and administration of the retirement system; commencement of operations; corporate powers and privileges; name in which retirement system to transact business) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 47-6-20 (2026).

Text

(a)A retirement system is created and placed under the administration of the Board of Trustees of the Employees' Retirement System of Georgia to provide retirement allowances and other benefits for members of the General Assembly. The system shall begin operation as of July 1, 1967.

(b)The system shall have the power and privileges of a corporation and shall be known as the "Georgia Legislative Retirement System." By such name all of its business shall be transacted, all of its funds shall be invested, and all of its cash, securities, and other property shall be held.

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(a) A retirement system is created and placed under the administration of the Board of Trustees of the Employees' Retirement System of Georgia to provide retirement allowances and other benefits for members of the General Assembly. The system shall begin operation as of July 1, 1967. (b) The system shall have the power and privileges of a corporation and shall be known as the "Georgia Legislative Retirement System." By such name all of its business shall be transacted, all of its funds shall be invested, and all of its cash, securities, and other property shall be held.