---
title: O.C.G.A. § 20-3-614. Preservation of assets of trust fund; investment in obligations of state.
collection: code
id: 20-3-614
cite_as: O.C.G.A. § 20-3-614 (2025)
canonical_url: https://georgiacommons.org/code/20-3-614
md_url: https://georgiacommons.org/code/20-3-614.md
text_url: https://georgiacommons.org/code/20-3-614/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=368
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/20-3-613.md
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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 / COLLEGE OPPORTUNITY ACT
---

# O.C.G.A. § 20-3-614. Preservation of assets of trust fund; investment in obligations of state.

The assets of the trust fund shall be preserved, invested, and expended solely pursuant to and for the purposes set forth in this article and shall not be loaned or otherwise transferred or used by the state for any purpose other than the purposes of this article. This Code section shall not be construed to prohibit the trust from investing in, by purchase or otherwise, bonds, notes, or other obligations of the state, an agency of the state, or an instrumentality of the state.

## History

Code 1981, § 20-3-614, enacted by Ga. L. 1990, p. 1448, § 1.