Georgia § 47-20-82 - Investing funds; eligibility; investment limitation.
Full text of Georgia Official Code of Georgia Annotated § 47-20-82 — Investing funds; eligibility; investment limitation., with citation guidance and answers to common questions.
§ 47-20-82. Investing funds; eligibility; investment limitation.
Funds shall invest in or lend their assets on the security of, and shall hold as invested assets, only eligible investments as prescribed in this article. Eligibility of an investment shall be determined as of the date of its making or acquisition. Any investment limitation based upon the amount of the fund's assets shall relate to such assets on the basis of the assets' aggregate historical cost. For purposes of any investment made in alternative investments pursuant to Code Section 47-7-127 or 47-20-87 , aggregate historical cost shall include all contractually committed, unpaid amounts. (Code 1981, § 47-20-82 , enacted by Ga. L. 2000, p. 2, § 2; Ga. L. 2012, p. 211, § 2/SB 402.) The 2012 amendment, effective July 1, 2012, added the last sentence to subsection (c). Editor's notes. - Ga. L. 2012, p. 211, § 1/SB 402, not codified by the General Assembly, provides that: "This Act shall be known and may be cited as the 'Employees' Retirement System of Georgia Enhanced Investment Authority Act.'".
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 47-20-82
What does Official Code of Georgia Annotated § 47-20-82 cover?
Section 47-20-82 ("Investing funds; eligibility; investment limitation.") 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 § 47-20-82?
A common citation format is "Official Code of Georgia Annotated § 47-20-82" (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 § 47-20-82 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.