---
title: O.C.G.A. § 20-3-33. Investment of trust funds in real estate or improvements.
collection: code
id: 20-3-33
cite_as: O.C.G.A. § 20-3-33 (2025)
canonical_url: https://georgiacommons.org/code/20-3-33
md_url: https://georgiacommons.org/code/20-3-33.md
text_url: https://georgiacommons.org/code/20-3-33/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch3-18-(v17a)-2025-pdf.pdf?sfvrsn=10d12596_0#page=49
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.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: EDUCATION / POSTSECONDARY EDUCATION / BOARD OF REGENTS AND UNIVERSITY SYSTEM / BOARD OF REGENTS
---

# O.C.G.A. § 20-3-33. Investment of trust funds in real estate or improvements.

It shall be lawful for the board of regents to invest any trust funds held by the board in real estate or in any improvements or buildings which the board in its discretion may see fit to make or erect thereon; provided, however, that no money belonging to any trust fund shall be used for such purpose or purposes if such use or uses would be contrary to the specific provisions of the instrument setting up the trust; and provided, further, all investments made of trust funds under this Code section shall in the judgment of the board be revenue producing investments wherever the trust funds so invested are of a trust which requires investment to produce revenue.

## History

Ga. L. 1937, p. 901, § 1.