One Click Case Law for § 47-20-82
O.C.G.A. § 47-20-81 <-- --> O.C.G.A. §47-20-83-1

2010 Georgia Code

TITLE 47 - RETIREMENT AND PENSIONS

CHAPTER 20 - PUBLIC RETIREMENT SYSTEMS STANDARDS
ARTICLE 7 - PUBLIC RETIREMENT SYSTEMS INVESTMENT AUTHORITY LAW
§ 47-20-82 - Investing funds; eligibility; investment limitation

O.C.G.A. 47-20-82 (2010)
47-20-82. Investing funds; eligibility; investment limitation


(a) Funds shall invest in or lend their assets on the security of, and shall hold as invested assets, only eligible investments as prescribed in this article.

(b) Eligibility of an investment shall be determined as of the date of its making or acquisition.

(c) Any investment limitation based upon the amount of the fund's assets shall relate to such assets on the basis of the assets' aggregate historical cost.