---
title: O.C.G.A. § 36-83-6. Interfund pooling for investment purposes.
collection: code
id: 36-83-6
cite_as: O.C.G.A. § 36-83-6 (2025)
canonical_url: https://georgiacommons.org/code/36-83-6
md_url: https://georgiacommons.org/code/36-83-6.md
text_url: https://georgiacommons.org/code/36-83-6/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=573
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/36-83.md
previous: https://georgiacommons.org/code/36-83-5.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: LOCAL GOVERNMENT / Provisions Applicable to Counties, Municipal Corporations, and Other Governmental Entities / LOCAL GOVERNMENT INVESTMENT POOL
---

# O.C.G.A. § 36-83-6. Interfund pooling for investment purposes.

(a) Local governments may effect and are encouraged to effect temporary transfers among separate funds, for the purpose of pooling amounts available for investment.

(b) This pooling may be accomplished through interfund advances and other appropriate means consistent with recognized principles of governmental accounting, if:

(1) Moneys are available for the investment period required;

(2) The investment fund can repay the advance by the time needed;

(3) The transactions are fully and promptly recorded;

(4) The interest earned is credited to the loaning or advancing fund; and

(5) The transaction does not violate subsection (d) of Code Section 36-83-8 with respect to prior agreements, laws, or covenants which may restrict pooling.

## History

Ga. L. 1980, p. 1715, § 6.