---
title: O.C.G.A. § 47-20-81. Fund defined; applicability.
collection: code
id: 47-20-81
cite_as: O.C.G.A. § 47-20-81 (2025)
canonical_url: https://georgiacommons.org/code/47-20-81
md_url: https://georgiacommons.org/code/47-20-81.md
text_url: https://georgiacommons.org/code/47-20-81/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t47-(v35)-2010-pdf.pdf?sfvrsn=7d4bbd90_0#page=666
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/47-20.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 Regular Session of the General Assembly
heading_path: RETIREMENT AND PENSIONS / PUBLIC RETIREMENT SYSTEMS STANDARDS / PUBLIC RETIREMENT SYSTEMS INVESTMENT AUTHORITY LAW
---

# O.C.G.A. § 47-20-81. Fund defined; applicability.

(a) As used in this article, the term ‘‘fund’’ means the investment fund of any public retirement system or pension system supported wholly or partially from public funds. Such term shall include any pool of such funds for investment purposes.

(b) The provisions of this article shall not apply to political subdivisions which contract with an association of like political subdivisions for the pooling of assets; provided, however, that the provisions of this article shall apply to such association.

## History

Code 1981, § 47-20-81, enacted by Ga. L. 2000, p. 2, § 2.