---
title: O.C.G.A. § 10-10-19. Retention of designated capital and investment returns.
collection: code
id: 10-10-19
cite_as: O.C.G.A. § 10-10-19 (2025)
canonical_url: https://georgiacommons.org/code/10-10-19
md_url: https://georgiacommons.org/code/10-10-19.md
text_url: https://georgiacommons.org/code/10-10-19/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=1306
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/10-10.md
previous: https://georgiacommons.org/code/10-10-18.md
next: https://georgiacommons.org/code/10-10-20.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCE AND TRADE / SEED-CAPITAL FUND / INVEST GEORGIA FUND
---

# O.C.G.A. § 10-10-19. Retention of designated capital and investment returns.

Designated capital and investment returns resulting from the qualified investments made under this article shall be retained and used to make additional qualified investments in venture capital funds selected by the fund administrator; provided, however, that the Invest Georgia Fund shall receive any and all returns representing the principal portion of designated capital and shall receive 80 percent of investment returns in excess of designated capital from each respective venture capital fund with the remaining 20 percent of investment returns in excess of designated capital retained by each respective venture capital fund in accordance with such venture capital fund’s partnership agreement.

## History

Code 1981, § 10-10-19, enacted by Ga. L. 2013, p. 243, § 5/HB 318.