Home/Georgia/Statutes/Title: 47/§ 47-7-123
Georgia Statutes

§ 47-7-123 — Exemption of assets of the board from taxation

Georgia § 47-7-123
JurisdictionGeorgia
Title47

This text of Georgia § 47-7-123 (Exemption of assets of the board from taxation) 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. § 47-7-123 (2026).

Text

The assets of the board, whether in the form of cash, securities, or real property, shall be deemed to be public property and exempt from any and all taxation, whether imposed by the state, or by any county, municipality, or political subdivision of this state.

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Nearby Sections

15
§ 47-1-1
Intent of codification and enactment of this title
§ 47-1-10
Adoption, amendment, or repeal of rules by boards of trustees of state retirement or pension systems; procedure; immediate adoption; filing of rules with Secretary of State; adoption of rules and regulations appropriate or necessary to maintain qualified status
§ 47-1-11
Creditable service not allowed for military service from which discharge was other than honorable
§ 47-1-12
Investment and reinvestment of assets of local retirement system; valuation and limitation on investments; duties of state auditor
§ 47-1-13
Maximum compensation used in computing employee and employer contributions
§ 47-1-13-1
Annual compensation limits in determining benefits or contributions due
§ 47-1-14
"Retirement system" defined; records exempt from public inspection
§ 47-1-15
Circumstances when survivors benefits are paid to secondary beneficiary
§ 47-1-16
Public retirement systems prohibited from having insurable interest in members; prohibition on expending or obligating funds for purchase of life insurance on members; exception
§ 47-1-17
Required education for public retirement system trustees
§ 47-1-2
Pooling of funds by retirement systems for investment purposes; accounting practices with regard to pooled funds
§ 47-1-20
Definitions
§ 47-1-21
Termination of membership in public retirement system for committing public employment related crimes; applicability to employees on July 1, 1985; determination of benefits
§ 47-1-22
Reduction and forfeiture of rights and benefits by public employees after July 1, 1985, for committing public employment related crimes; reimbursement of contributions
§ 47-1-22-1
Rights and benefits of employees convicted of drug related crimes
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Bluebook (online)
Georgia § 47-7-123, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/47-7-123.