Georgia § 47-3-22 - Election of chairman and executive director of the board of trustees; payments by executive director of retirement system funds; surety bond required of executive director.
Full text of Georgia Official Code of Georgia Annotated § 47-3-22 — Election of chairman and executive director of the board of trustees; payments by executive director of retirement system funds; surety bond required of executive director., with citation guidance and answers to common questions.
§ 47-3-22. Election of chairman and executive director of the board of trustees; payments by executive director of retirement system funds; surety bond required of executive director.
The board of trustees shall elect from its membership a chairman and shall elect an executive director, who shall not be one of its members. The executive director shall be subject to the rules and regulations of the board of trustees and shall be the treasurer of the assets of the retirement system. All payments of the funds of the retirement system shall be made by the executive director and only upon vouchers signed by him and countersigned by one other person designated by the board of trustees. The executive director shall furnish the board of trustees with a surety bond issued by a company authorized to do business in this state and in such an amount as shall be required by the board of trustees. The premium on such bond shall be paid from the expense fund provided for in Code Section 47-3-47. (Ga. L. 1943, p. 640, §§ 6, 7; Ga. L. 1990, p. 536, § 1.)
Frequently Asked Questions About Georgia § 47-3-22
What does Official Code of Georgia Annotated § 47-3-22 cover?
Section 47-3-22 ("Election of chairman and executive director of the board of trustees; payments by executive director of retirement system funds; surety bond required of executive director.") 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 § 47-3-22?
A common citation format is "Official Code of Georgia Annotated § 47-3-22" (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 § 47-3-22 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.