20-16-15. Funds received pursuant to this chapter to be held in trust.

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

All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.

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.

Code 1981, § 20-16-15, enacted by Ga. L. 2006, p. 783, § 1/SB 562.

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

Text read from t20-ch3-18-(v17a)-2025-pdf.pdf, Volume V17A, 2025 edition, page 625; merge action: bound only; file SHA-256 4560a0cef806.