2019 Georgia Code
Title 20 - Education
Chapter 2 - Elementary and Secondary Education
Article 11 - Public School Property and Facilities
Part 3 - Georgia Education Authority (Schools)
§ 20-2-566. Trustee for bond proceeds

Universal Citation: GA Code § 20-2-566 (2019)

The authority shall, in the resolution providing for the issuance of revenue bonds or in the trust indenture, provide for the payment of the proceeds of the sale of the bonds to any officer or person who, or any agency, bank, or trust company which, shall act as trustee of such funds and shall hold and apply them to the purposes of this part, subject to such regulations as this part and such resolution or trust indenture may provide.

History:

Ga. L. 1951, p. 241, ยง 16.

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