---
title: O.C.G.A. § 47-3-20. Creation and management of the Teachers Retirement System of Georgia; its powers and privileges; name under which business transacted.
collection: code
id: 47-3-20
cite_as: O.C.G.A. § 47-3-20 (2025)
canonical_url: https://georgiacommons.org/code/47-3-20
md_url: https://georgiacommons.org/code/47-3-20.md
text_url: https://georgiacommons.org/code/47-3-20/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=256
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/47-3.md
previous: https://georgiacommons.org/code/47-3-1.md
next: https://georgiacommons.org/code/47-3-21.md
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 / TEACHERS RETIREMENT SYSTEM OF GEORGIA / CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE RETIREMENT SYSTEM
---

# O.C.G.A. § 47-3-20. Creation and management of the Teachers Retirement System of Georgia; its powers and privileges; name under which business transacted.

A retirement system is established for the purpose of providing retirement allowances and other benefits under this chapter for teachers of this state and is placed under the management of the board of trustees. It shall have the power and privileges of a corporation, the right to bring and defend actions, to implead and be impleaded, and shall be known as the ‘‘Teachers Retirement System of Georgia,’’ in which name all of its business shall be transacted, all of its funds invested, and all of its cash and securities and other property held.

## History

Ga. L. 1943, p. 640, § 2; Ga. L. 1982, p. 3, § 47.