Georgia § 20-3-319 - Temporary transfer of authority state funds to corporation to accelerate federal payments.
Full text of Georgia Official Code of Georgia Annotated § 20-3-319 — Temporary transfer of authority state funds to corporation to accelerate federal payments., with citation guidance and answers to common questions.
§ 20-3-319. Temporary transfer of authority state funds to corporation to accelerate federal payments.
In the event the United States makes the federal payments referred to in Code Section 20-3-272 to lenders through the corporation, any available state funds appropriated for use by the authority during any fiscal year for purposes of any financial assistance program provided for in this part may be temporarily transferred by the authority to the corporation for use by the corporation for the purposes prescribed in Code Section 20-3-272 pending receipt by the corporation of the federal payments. Upon receipt of the federal payments, the corporation shall transfer back to the authority the amount of funds previously received by it from the authority. (Code 1933, § 32-3710, enacted by Ga. L. 1980, p. 835, § 3.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 20-3-319
What does Official Code of Georgia Annotated § 20-3-319 cover?
Section 20-3-319 ("Temporary transfer of authority state funds to corporation to accelerate federal payments.") 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 § 20-3-319?
A common citation format is "Official Code of Georgia Annotated § 20-3-319" (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 § 20-3-319 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.