Ga. Code § 10-10-6

Current through 2023-2024 Legislative Session Chapter 709

Section 10-10-6 - Distribution to be deposited in the fund

All distributions made by an investment entity allocable to the state's limited partner interest or membership interest therein; all cash proceeds with respect to any loan, whether interest, the repayment of principal, or other amounts; or proceeds of the sale or transfer of qualified securities held directly by the fund shall be deposited in the fund for future investment in other investment entities, in other qualified securities of enterprises, for making loans as provided in this article, or to pay the cost of administration of the fund as provided in this article.

OCGA § 10-10-6

Amended by 2013 Ga. Laws 86,§ 4, eff. 4/29/2013.

Renumbered from § 10-10-5 and amended by 2004 Ga. Laws 503, § 1, eff. 5/13/2004.

Former § 10-10-6 was renumbered as § 10-10-7 by 2004 Ga. Laws 503, § 1, eff. 5/13/2004