Use of proceeds from sale or lease of property

O.C.G.A. § 20-3-566, under FUNDING; DONATIONS; PROPERTY; SCHOLARSHIPS.

O.C.G.A. § 20-3-566

The proceeds arising from any sale or lease of property under Code Section 20-3-564 shall be used for the support of the college or for the payment of any debts thereof as the board may determine. (Code 1981, § 20-3-566, enacted by Ga. L. 1990, p. 579, § 1.)