Georgia § 36-82-197 - Transfer of fund from economic development share or applicable reservation component of housing share to the flexible share.
Full text of Georgia Official Code of Georgia Annotated § 36-82-197 — Transfer of fund from economic development share or applicable reservation component of housing share to the flexible share., with citation guidance and answers to common questions.
§ 36-82-197. Transfer of fund from economic development share or applicable reservation component of housing share to the flexible share.
If after the first six months of the year, 75 percent or more of the economic development share or any one or more reservation components of the housing share remains unallocated, the commissioner may transfer any available state ceiling, or any part thereof, from the economic development share or the applicable reservation component of the housing share, as the case may be, to the flexible share, if the commissioner anticipates that such amounts are not likely to be used in either the economic development share or the applicable reservation component of the housing share; provided, however, that no such transfer may be made by the commissioner if an issuer submits a letter to the commissioner indicating that such issuer intends to use all or a portion exceeding 25 percent of the respective share or components thereof. (Code 1981, § 36-82-204, enacted by Ga. L. 1987, p. 486, § 1; Code 1981, § 36-82-197 , as redesignated by Ga. L. 1990, p. 817, § 1.) Editor's notes. - Ga. L. 1990, p. 817, § 1, effective April 4, 1990 repealed the former Code Section 36-82-197, which was based on Ga. L. 1987, p. 486, § 1 and which established the department share for 1988, 1989, 1990, and years thereafter.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 36-82-197
What does Official Code of Georgia Annotated § 36-82-197 cover?
Section 36-82-197 ("Transfer of fund from economic development share or applicable reservation component of housing share to the flexible share.") 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 § 36-82-197?
A common citation format is "Official Code of Georgia Annotated § 36-82-197" (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 § 36-82-197 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.