---
title: O.C.G.A. § 36-80-4. Delegation of governing body’s investment authority to financial officer.
collection: code
id: 36-80-4
cite_as: O.C.G.A. § 36-80-4 (2025)
canonical_url: https://georgiacommons.org/code/36-80-4
md_url: https://georgiacommons.org/code/36-80-4.md
text_url: https://georgiacommons.org/code/36-80-4/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t36-ch60-92-(v27a)-2025-pdf.pdf?sfvrsn=1fad51cc_0#page=393
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/36-80.md
previous: https://georgiacommons.org/code/36-80-3.md
next: https://georgiacommons.org/code/36-80-5.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: LOCAL GOVERNMENT / Provisions Applicable to Counties, Municipal Corporations, and Other Governmental Entities / GENERAL PROVISIONS
---

# O.C.G.A. § 36-80-4. Delegation of governing body’s investment authority to financial officer.

The governing body may delegate the investment authority provided by Code Section 36-80-3 to the treasurer or other financial officer charged with custody of the funds of the local government, who shall thereafter assume full responsibility for such investment transactions until the delegation of authority terminates or is revoked.

## History

Ga. L. 1964, p. 741, § 2.