Georgia § 50-9-65 - Moneys received to be in special fund; property to become state property and may be sold or exchanged.

Full text of Georgia Official Code of Georgia Annotated § 50-9-65 — Moneys received to be in special fund; property to become state property and may be sold or exchanged., with citation guidance and answers to common questions.

§ 50-9-65. Moneys received to be in special fund; property to become state property and may be sold or exchanged.

All moneys received by the committee shall be set aside as a special fund to be used by the committee to carry out the purposes of this article. All other personal property, tangible or intangible, which is acquired by the committee subsequent to March 26, 1975, shall become the property of the state upon such acquisition. The personal property may be sold or exchanged by the committee as agent for the state, notwithstanding any other provision of law concerning the sale or exchange of personal property of the state, provided that nothing contained in this Code section shall be construed to permit the committee to make a gift of any such personal property. (Ga. L. 1975, p. 212, § 1; Ga. L. 1982, p. 3, § 50.) Code Commission notes. - Pursuant to Code Section 28-9-5, in 1986, "article" was substituted for "Article" in the first sentence.

Source: official Georgia text · Last verified 2026-08-27

Frequently Asked Questions About Georgia § 50-9-65

What does Official Code of Georgia Annotated § 50-9-65 cover?

Section 50-9-65 ("Moneys received to be in special fund; property to become state property and may be sold or exchanged.") 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 § 50-9-65?

A common citation format is "Official Code of Georgia Annotated § 50-9-65" (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 § 50-9-65 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.