Georgia § 20-3-375 - Income credited to authority administration fund; transfer of surplus to general loan fund.
Full text of Georgia Official Code of Georgia Annotated § 20-3-375 — Income credited to authority administration fund; transfer of surplus to general loan fund., with citation guidance and answers to common questions.
§ 20-3-375. Income credited to authority administration fund; transfer of surplus to general loan fund.
All income earned by the authority on funds held under this subpart, including earnings on educational loan trust fund assets unless otherwise provided for in the terms of such trust fund agreements, shall be credited to the authority administration fund for the uses prescribed in Code Section 20-3-318. The board of directors is authorized, in its discretion, to transfer any surplus moneys in the authority administration fund to the general loan fund account for the uses prescribed in Code Section 20-3-373. (Code 1933, § 32-3753, enacted by Ga. L. 1980, p. 835, § 3; Ga. L. 1981, p. 735, § 43.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 20-3-375
What does Official Code of Georgia Annotated § 20-3-375 cover?
Section 20-3-375 ("Income credited to authority administration fund; transfer of surplus to general loan fund.") 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 § 20-3-375?
A common citation format is "Official Code of Georgia Annotated § 20-3-375" (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 § 20-3-375 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.