Investment of funds

The board is authorized to invest and reinvest funds held by it, in accordance with the bylaws of the corporation, in any investments which are legal investments for domestic insurance companies under the laws of this state or in any investments authorized for trustees of private employee benefit plans by the federal Employees Retirement Income Security Act of 1974, as amended. History. — Code 1981, § 36-21-6, enacted by Ga. L. 1999, p. 1190, § 1. 36-21-7. Funds not subject to process, levy, or attachment; nonassignability. Funds held by the board of trustees or for its account shall not be subject to process, levy, or attachment; nor shall benefits arising under this chapter or any contract pursuant to this chapter be assignable unless otherwise specifically permitted under the plan of benefits. History. — Code 1981, § 36-21-7, enacted by Ga. L. 1999, p. 1190, § 1. 36-21-8. Chapter exempt from regulation under Title 33.