---
title: O.C.G.A. § 47-5-22. Officers of the board of trustees; election; merger of offices of secretary and treasurer; compensation of the secretary and treasurer; treasurer’s performance bond.
collection: code
id: 47-5-22
cite_as: O.C.G.A. § 47-5-22 (2025)
canonical_url: https://georgiacommons.org/code/47-5-22
md_url: https://georgiacommons.org/code/47-5-22.md
text_url: https://georgiacommons.org/code/47-5-22/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=385
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/47-5.md
previous: https://georgiacommons.org/code/47-5-21.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 / GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM / ADMINISTRATION AND MANAGEMENT OF THE ASSETS OF THE BENEFIT SYSTEM
---

# O.C.G.A. § 47-5-22. Officers of the board of trustees; election; merger of offices of secretary and treasurer; compensation of the secretary and treasurer; treasurer’s performance bond.

At its first meeting following July 1 in each year, the board of trustees shall elect a chairman, secretary, treasurer, and such other officers as provided in the bylaws of the board. The secretary and the treasurer need not be members of the board; and such offices may, in the discretion of the board of trustees, be combined in one person. The secretary and the treasurer, whether or not members of the board of trustees, may receive such compensation as may be fixed by the board of trustees for the performance of their duties. The treasurer shall give good and sufficient bond in such amount as is required by the board of trustees, and the premium on such bond shall be paid from the administrative funds of the board.

## History

Ga. L. 1965, p. 421, § 7; Ga. L. 1984, p. 1041, § 4.