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70 chapters · 983 sections in this title.
O.C.G.A. § 36-83-1 Short title
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This chapter shall be known and may be cited as the ‘‘Local Government Investment Pool Act.’’ History. — Ga. L. 1980, p. 1715, § 1.
O.C.G.A. § 36-83-2 Legislative findings; purpose of chapter
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(a) The General Assembly finds that the public interest is served by maximum and prudent investment of idle public funds so that the need for taxes and other public revenues is decreased commensurately with the earnings on such investments. (b) The purpose of this chapter is to s…
O.C.G.A. § 36-83-3 Definitions
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As used in this chapter, the term: (1) ‘‘Depository institution’’ means any commercial bank or trust company, mutual savings bank, savings and loan association, or building and loan association existing under the laws of this state or of the United States and domiciled in this st…
O.C.G.A. § 36-83-4 Authorized investments; delegation of investment authority to financial officer; objective of investment
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(a)(1) Subject to the procedures set forth in this chapter, the governing authority of any local government may invest and reinvest any money subject to its control and jurisdiction in: (A) Obligations of this state or of other states; (B) Obligations issued by the United States …