---
title: O.C.G.A. § 20-3-375. Income credited to authority administration fund; transfer of surplus to general loan fund.
collection: code
id: 20-3-375
cite_as: O.C.G.A. § 20-3-375 (2025)
canonical_url: https://georgiacommons.org/code/20-3-375
md_url: https://georgiacommons.org/code/20-3-375.md
text_url: https://georgiacommons.org/code/20-3-375/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=242
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/20-3.md
previous: https://georgiacommons.org/code/20-3-374.md
next: https://georgiacommons.org/code/20-3-380.md
index: https://georgiacommons.org/code/index.md
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 / SCHOLARSHIPS, LOANS, AND GRANTS / GEORGIA STUDENT FINANCE AUTHORITY / Educational Loans Financed by State Funds
---

# O.C.G.A. § 20-3-375. Income credited to authority administration fund; transfer of surplus to general loan fund.

All income earned by the authority on funds held under this subpart, including earnings on educational loan trust fund assets unless otherwise provided for in the terms of such trust fund agreements, shall be credited to the authority administration fund for the uses prescribed in Code Section 20-3-318. The board of directors is authorized, in its discretion, to transfer any surplus moneys in the authority administration fund to the general loan fund account for the uses prescribed in Code Section 20-3-373.

## History

Code 1933, § 32-3753, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 43.