36-83-6. Interfund pooling for investment purposes.

Vigente

Actualizado hasta: Including Acts of the 2025 Session of the General Assembly of Georgia.

El texto siguiente es la ley tal como la imprime el estado, en inglés.

(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. (1)
  Moneys are available for the investment period required;#
2. (2)
  The investment fund can repay the advance by the time needed;#
3. (3)
  The transactions are fully and promptly recorded;#
4. (4)
  The interest earned is credited to the loaning or advancing fund; and#
5. (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.#

Las notas siguientes se imprimen con la sección, pero no son ley promulgada (O.C.G.A. § 1-1-1(c)). Se muestran aparte del texto.

History

Ga. L. 1980, p. 1715, § 6.

Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).

Actualizado hasta: Including Acts of the 2025 Session of the General Assembly of Georgia.

Texto leído de t36-ch60-92-(v27a)-2025-pdf.pdf, Volumen V27A, edición 2025, páginas 573 a 574; acción de fusión: bound only; SHA-256 del archivo 5150ee8c60f7.