O.C.G.A. § 20-3-375: Income credited to authority administration fund; transfer of surplus to general loan fund.
Where this section sits in the 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
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.
Collected 2026-09-17T19:34:57Z. Source file · JSON