In the event there should accumulate more funds than are needed for immediate use,
the board of trustees is empowered to invest such excess funds as authorized by applicable
laws, including but not limited to, the provisions of this act [Act] and the Georgia
Investment Authority Law, §47-20, Article 7, et seq.
(1933 Ga. Laws, page 213, § 7; 1947 Ga. Laws, page 675, § 2; 1953 Ga. Laws, Nov.-Dec.
Sess., page 2707, § 3; Ord. No. 1985-49, § 1, 8-9-85; Ord. No. 1992-45, § 1, 7-28-92;
Ord. No. 1992-58, § 1, 9-21-92; Ord. No. 1994-13, § 7, 3-24-94;
Ord. No. 2017-95(17-O-1589), § 2, 12-15-17
)
Editor's note—
The ordinances listed in the left-hand column below are found in the state session
laws at the location listed opposite them in the right-hand column below:
|
Georgia Laws
|
|
Ord. No.
|
Year
|
Page
|
|
1985-49
|
—
|
—
|
|
1992-45
|
—
|
—
|
|
1992-58
|
—
|
—
|
|
1994-13
|
—
|
—
|
