---
title: O.C.G.A. § 20-3-566. Use of proceeds from sale or lease of property.
collection: code
id: 20-3-566
cite_as: O.C.G.A. § 20-3-566 (2025)
canonical_url: https://georgiacommons.org/code/20-3-566
md_url: https://georgiacommons.org/code/20-3-566.md
text_url: https://georgiacommons.org/code/20-3-566/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=354
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/20-3-565.md
next: https://georgiacommons.org/code/20-3-567.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 / GEORGIA MILITARY COLLEGE / FUNDING; DONATIONS; PROPERTY; SCHOLARSHIPS
---

# O.C.G.A. § 20-3-566. Use of proceeds from sale or lease of property.

The proceeds arising from any sale or lease of property under Code Section 20-3-564 shall be used for the support of the college or for the payment of any debts thereof as the board may determine.

## History

Code 1981, § 20-3-566, enacted by Ga. L. 1990, p. 579, § 1.