30-10-5. Community trusts; board of trustees.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Each community trust shall have a board of trustees appointed by the governing body of the nonprofit organization forming the trust, which shall include persons with expertise in business and investments and persons with expertise regarding the care, support, habilitation, rehabilitation, and treatment of persons with impairments. The members of the board of trustees shall serve without compensation but shall be reimbursed by the community trust for their actual expenses relating to the trust. The board of trustees shall administer the community trust and establish policies and rules and regulations necessary to exercise its powers in accordance with this chapter.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 30-10-5, enacted by Ga. L. 1996, p. 804, § 2.

Pursuant to Code Section 28-9-5, in 1996, ‘‘Community Trust’’ was lower-cased in three places.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t27-t30-(v22)-2018-pdf.pdf, Volume V22, 2018 edition, pages 854 to 855; merge action: carried; file SHA-256 62359f240c92.