Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 9. GEO. L. SMITH II GEORGIA WORLD CONGRESS CENTER · Article 1. GENERAL PROVISIONS

10-9-13. Moneys received considered trust funds; exception.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

All moneys received pursuant to the authority of this chapter, whether as grants, contributions, or gifts or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter, except that grants, contributions, or gifts, the terms or conditions of which require that the proceeds thereof be held separately in trust, shall be held in the manner and applied solely for the purposes specified.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Ga. L. 1974, p. 174, § 10; Code 1981, § 10-9-9; Code 1981, § 10-9-13, enacted by Ga. L. 1982, p. 1122, § 1; Ga. L. 1994, p. 421, § 3.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 1256; merge action: carried; file SHA-256 7afbade16da7.

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