Georgia § 34-9-357 - Payment of costs of administration; submission and approval of annual budget; audit of funds.
Full text of Georgia Official Code of Georgia Annotated § 34-9-357 — Payment of costs of administration; submission and approval of annual budget; audit of funds., with citation guidance and answers to common questions.
§ 34-9-357. Payment of costs of administration; submission and approval of annual budget; audit of funds.
The entire cost of the administration of the fund shall be paid from the assets of the fund. The administrator shall annually submit to the board of trustees, under such rules and regulations as the board of trustees may prescribe, a budget of the costs of administration of the fund for the fiscal year. The board of trustees shall submit the proposed budget to the Office of Planning and Budget for comment prior to approval. Upon approval by the board of trustees, a copy of the operating budget shall be filed with the custodian of the fund who, on July 1, shall transfer to the administrator's operating account such funds as are required by the budget less any amounts remaining in the operating account from prior years. Funds held by the administrator in the operating account shall not in any way be deemed to be appropriated funds but shall be audited annually in the manner provided for other state departments and agencies. (Code 1933, § 114-905, enacted by Ga. L. 1977, p. 608, § 1; Ga. L. 1982, p. 3, § 34.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 34-9-357
What does Official Code of Georgia Annotated § 34-9-357 cover?
Section 34-9-357 ("Payment of costs of administration; submission and approval of annual budget; audit of funds.") 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 § 34-9-357?
A common citation format is "Official Code of Georgia Annotated § 34-9-357" (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 § 34-9-357 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.