Código Oficial de Georgia Anotado

Título 47. RETIREMENT AND PENSIONS · Capítulo 1. GENERAL PROVISIONS · Artículo 6. CONFORMITY WITH FEDERAL LAW

47-1-85. Assets of public retirement or pension system to be held in trust.

Vigente

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.

(a)
The assets of a public retirement or pension system shall be held in trust, and it shall not be possible at the time prior to satisfaction of all liabilities to plan members and their beneficiaries under the public retirement or pension system for any part of said assets to be used for, or diverted to, purposes other than for the exclusive benefit of plan members and their designated beneficiaries and for paying reasonable expenses of the public retirement or pension system and trust fund.#
(b)
The board of trustees of a public retirement or pension system shall not engage in a transaction prohibited by Section 503(b) of the federal Internal Revenue Code.#

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.

Code 1981, § 47-1-85, enacted by Ga. L. 2009, p. 947, § 8/HB 202.

This Code section became effective May 11, 2009.

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)-2010-pdf.pdf, Volumen V35, edición 2010, página 43; acción de fusión: carried; SHA-256 del archivo 670b44b1738a.