---
title: O.C.G.A. § 50-9-12. Moneys received deemed trust funds.
collection: code
id: 50-9-12
cite_as: O.C.G.A. § 50-9-12 (2025)
canonical_url: https://georgiacommons.org/code/50-9-12
md_url: https://georgiacommons.org/code/50-9-12.md
text_url: https://georgiacommons.org/code/50-9-12/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t49-t50-ch1-12-(v38)-2023-pdf.pdf?sfvrsn=60c992b5_0#page=817
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.
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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: STATE GOVERNMENT / GEORGIA BUILDING AUTHORITY / GENERAL PROVISIONS
---

# O.C.G.A. § 50-9-12. Moneys received deemed trust funds.

All moneys received pursuant to the authority of this article and Article 2 of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed trust funds to be held and applied solely as provided in this article and Article 2 of this chapter.

## History

Ga. L. 1951, p. 699, § 26.