Georgia § 20-3-631 - Purpose.
Full text of Georgia Official Code of Georgia Annotated § 20-3-631 — Purpose., with citation guidance and answers to common questions.
§ 20-3-631. Purpose.
The purposes of this article are to: Provide a program or programs of savings trust agreements to apply distributions toward qualified higher education expenses at eligible educational institutions, as defined in Section 529 of the Internal Revenue Code or other applicable federal law; Provide for the creation of the Georgia Higher Education Savings Plan, as an instrumentality of the State of Georgia, to assist qualified students in financing costs of attending institutions of higher education; Encourage timely financial planning for higher education by the creation of savings trust accounts; Provide a savings program for those persons who wish to save to meet postsecondary educational needs, including postgraduate educational needs; and Attract students to institutions of higher education within the state. (Code 1981, § 20-3-631 , enacted by Ga. L. 2001, p. 76, § 1; Ga. L. 2008, p. 159, § 1/HB 1014.) Code Commission notes. - Pursuant to Code Section 28-9-5, in 2001, Code Section 20-2-631, as enacted by Ga. L. 2001, p. 76, § 1, was redesignated as 20-3-631. U.S. Code. - Section 529 of the Internal Revenue Code, referred to in paragraph (1), is codified in Title 26 of the United States Code. Law reviews. - For article, "Wills, Trusts & Administration of Estates," see 53 Mercer L. Rev. 499 (2001).
Frequently Asked Questions About Georgia § 20-3-631
What does Official Code of Georgia Annotated § 20-3-631 cover?
Section 20-3-631 ("Purpose.") 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 § 20-3-631?
A common citation format is "Official Code of Georgia Annotated § 20-3-631" (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 § 20-3-631 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.