2019 Georgia Code
Title 20 - Education
Chapter 16 - Georgia Higher Education Facilities Authority
§ 20-16-15. Funds received pursuant to this chapter to be held in trust
All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter.History:
Code 1981, § 20-16-15, enacted by Ga. L. 2006, p. 783, § 1/SB 562.