Georgia § 47-4-20 - Creation and administration of the retirement system; corporate powers and privileges; rights in actions; name under which retirement system business shall be transacted.
Full text of Georgia Official Code of Georgia Annotated § 47-4-20 — Creation and administration of the retirement system; corporate powers and privileges; rights in actions; name under which retirement system business shall be transacted., with citation guidance and answers to common questions.
§ 47-4-20. Creation and administration of the retirement system; corporate powers and privileges; rights in actions; name under which retirement system business shall be transacted.
There is created a retirement system which shall be placed under the management and control of the board for the purposes of providing retirement benefits and other benefits under this chapter for public school employees. It shall be a budget unit of the state government and shall have the power and privileges of a corporation and the right to bring and defend actions and to implead and be impleaded. It shall be known as the "Public School Employees Retirement System," and by such name all of its business shall be transacted, all of its funds shall be invested, and all of its cash, securities, and other property shall be held. (Ga. L. 1969, p. 998, § 3.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 47-4-20
What does Official Code of Georgia Annotated § 47-4-20 cover?
Section 47-4-20 ("Creation and administration of the retirement system; corporate powers and privileges; rights in actions; name under which retirement system business shall be transacted.") 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 § 47-4-20?
A common citation format is "Official Code of Georgia Annotated § 47-4-20" (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 § 47-4-20 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.