Georgia Commons10-9-13. Moneys received considered trust funds; exception.
The only printed version. 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.