2010 Georgia Code
TITLE 20 - EDUCATION
CHAPTER 3 - POSTSECONDARY EDUCATION
ARTICLE 7 - SCHOLARSHIPS, LOANS, AND GRANTS
PART 3 - GEORGIA STUDENT FINANCE AUTHORITY
SUBPART 3 - EDUCATIONAL LOANS FINANCED BY STATE FUNDS
§ 20-3-375 - Income credited to authority administration fund; transfer of surplus to general loan fund

O.C.G.A. 20-3-375 (2010)
20-3-375. Income credited to authority administration fund; transfer of surplus to general loan fund


All income earned by the authority on funds held under this subpart, including earnings on educational loan trust fund assets unless otherwise provided for in the terms of such trust fund agreements, shall be credited to the authority administration fund for the uses prescribed in Code Section 20-3-318. The board of directors is authorized, in its discretion, to transfer any surplus moneys in the authority administration fund to the general loan fund account for the uses prescribed in Code Section 20-3-373.