Georgia § 50-17-102 - Interest rate management plans.
Full text of Georgia Official Code of Georgia Annotated § 50-17-102 — Interest rate management plans., with citation guidance and answers to common questions.
§ 50-17-102. Interest rate management plans.
Prior to executing and delivering a qualified interest rate management agreement, the state party shall have adopted an interest rate management plan that includes: An analysis of the interest rate risk, basis risk, termination risk, credit risk, market-access risk, and other risks to the state party entering into qualified interest rate management agreements; The state party's procedure for approving and executing qualified interest rate management agreements; The state party's plan to monitor interest rate risk, basis risk, termination risk, credit risk, market-access risk, and other risks; and Such other provisions as may from time to time be required by the commission, including but not limited to additional provisions due to changes in market conditions for qualified interest rate management agreements. Any interest rate management plan adopted by the state shall be approved by the commission or by a designated officer of the commission and shall have been reviewed by an independent financial adviser approved by the commission. The state party shall conduct an annual review of its interest rate management plan as to the adequacy of the procedures set forth in such plan for the analysis and monitoring requirements set forth in subsection (a) of this Code section. A report summarizing the results of such review shall be submitted annually to the commission and, with respect to any interest rate management plan of a state authority, to the governing body of such state authority. The requirements of this subsection shall not be construed as to require the review of any existing interest rate management plan by an independent financial adviser. (Code 1981, § 50-17-102 , enacted by Ga. L. 2005, p. 642, § 2/SB 227.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 50-17-102
What does Official Code of Georgia Annotated § 50-17-102 cover?
Section 50-17-102 ("Interest rate management plans.") 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 § 50-17-102?
A common citation format is "Official Code of Georgia Annotated § 50-17-102" (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 § 50-17-102 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.