The parent or guardian to whom a scholarship award is granted must restrictively endorse the scholarship award to the private school for deposit into the account of the private school. The parent or guardian may not designate any entity or individual associated with the participating private school as the parent’s attorney in fact to endorse a scholarship award. A participant who fails to comply with this Code section forfeits the scholarship.
History. Code 1981, § 20-2A-5 , enacted by Ga. L. 2008, p. 1108, § 1/HB 1133; Ga. L. 2011, p. 529, § 1/HB 325.
Editor’s notes.
Ga. L. 2011, p. 529, § 3/HB 325, not codified by the General Assembly, provides that the 2011 amendment shall be applicable to all taxable years beginning on or after January 1, 2011.
Structure Georgia Code
Chapter 2A - Student Scholarship Organizations
§ 20-2A-2. Requirements for Student Scholarship Organizations
§ 20-2A-2.1. Entities Prohibited From Being Student Scholarship Organizations
§ 20-2A-3. Taxation Reporting Requirements for Student Scholarship Organizations
§ 20-2A-4. List of Student Scholarship Organizations to Be Provided to the General Assembly
§ 20-2A-5. Parent or Guardian Endorsement of Award Required
§ 20-2A-6. List of Student Scholarship Organizations to Be Maintained on Website
§ 20-2A-7. Penalties for Failure to Comply With Requirements of Chapter; Violations