Título 47. RETIREMENT AND PENSIONS · Capítulo 16. SHERIFFS’ RETIREMENT FUND OF GEORGIA · Artículo 2. CREATION, ADMINISTRATION, AND MANAGEMENT OF THE ASSETS OF THE FUND
47-16-26. Power of board to control, invest, and expend funds; gifts, grants, or bequests; deposit of funds received by the board; payment of benefits and administrative expenses.
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 board shall have control over the funds provided for in this chapter, authority to expend such funds in accordance with this chapter, and authority to invest the funds subject to all terms, conditions, limitations, and restrictions imposed by Article 7 of Chapter 20 of this title, the ‘‘Public Retirement Systems Investment Authority Law.’’#
- (b)
The board may take, by gift, grant, or bequest, any money, real or personal property, or any other things of value and may hold, invest, sell, or otherwise dispose of the same for the uses and purposes of the fund in accordance with this chapter.#
- (c)
All funds received by the board shall be deposited in a special account to the credit of the board.#
- (d)
Benefits under this chapter and all administrative expenses shall be paid from such funds.#
History
Ga. L. 1963, p. 630, § 5; Ga. L. 1982, p. 925, §§ 1, 2; Ga. L. 1987, p. 534, § 1; Ga. L. 1997, p. 966, § 3; Ga. L. 2000, p. 2, § 11.
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, páginas 562 a 563; acción de fusión: carried; SHA-256 del archivo 670b44b1738a.