Georgia § 47-2-23 - Treasurer of the board of trustees; manner of payment of funds of the retirement system; surety bond for the treasurer.
Full text of Georgia Official Code of Georgia Annotated § 47-2-23 — Treasurer of the board of trustees; manner of payment of funds of the retirement system; surety bond for the treasurer., with citation guidance and answers to common questions.
§ 47-2-23. Treasurer of the board of trustees; manner of payment of funds of the retirement system; surety bond for the treasurer.
There shall be a treasurer of the board of trustees, who shall be appointed by it and subject to its rules and regulations. He shall be the treasurer of the assets of the retirement system. Payments of the funds of the retirement system shall be made by the treasurer only upon vouchers signed by the treasurer and countersigned by one other person designated by the board of trustees. The treasurer of the board of trustees shall furnish to the board of trustees a surety bond of a company authorized to do business in this state in such an amount as shall be required by the board of trustees, provided that if the treasurer is a corporate trustee authorized to do business as such under the laws of this state, the trustees, in their discretion, may decide that no such bond be furnished. The premium on the surety bond shall be paid from the expense fund. (Ga. L. 1949, p. 138, § 7.)
Frequently Asked Questions About Georgia § 47-2-23
What does Official Code of Georgia Annotated § 47-2-23 cover?
Section 47-2-23 ("Treasurer of the board of trustees; manner of payment of funds of the retirement system; surety bond for the treasurer.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 47-2-23?
A common citation format is "Official Code of Georgia Annotated § 47-2-23" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 47-2-23 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.