---
title: O.C.G.A. § 20-3-62. Use of proceeds from conveyances.
collection: code
id: 20-3-62
cite_as: O.C.G.A. § 20-3-62 (2025)
canonical_url: https://georgiacommons.org/code/20-3-62
md_url: https://georgiacommons.org/code/20-3-62.md
text_url: https://georgiacommons.org/code/20-3-62/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=83
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/20-3-61.md
next: https://georgiacommons.org/code/20-3-63.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 / BOARD OF REGENTS AND UNIVERSITY SYSTEM / UNIVERSITY SYSTEM
---

# O.C.G.A. § 20-3-62. Use of proceeds from conveyances.

The proceeds arising from any sale or lease of property under Code Section 20-3-60 shall be used for the support of the university system and its branches or for the payment of any debts thereof as the board of regents may determine.

## History

Ga. L. 1935, p. 168, § 3.