Título 47. RETIREMENT AND PENSIONS · Capítulo 1. GENERAL PROVISIONS · Artículo 1. IN GENERAL
47-1-16. Public retirement systems prohibited from having insurable interest in members; prohibition on expending or obligating funds for purchase of life insurance on members; exception.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
No public retirement system in this state shall have an insurable interest in active or retired members of such retirement system. No public retirement system shall have the authority to expend or obligate funds under the control of such retirement system to purchase life insurance on its members except where all benefits are paid to a member’s estate or to a beneficiary designated by the individual member.
History
Code 1981, § 47-1-16, enacted by Ga. L. 2012, p. 673, § 1/HB 297.
Effective date
This Code section became effective May 1, 2012.
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 Regular Session of the General Assembly.
Texto leído de t47-(v35)-pdf.pdf, Volumen V35, edición 2010, suplemento de 2025, página 7; acción de fusión: added; SHA-256 del archivo b2fa8236f7f1.