The trust fund property and income shall be subject to taxation by the state only as provided by Code Section 48-7-27 and shall not be subject to taxation by any of the state’s political subdivisions.
History. Code 1981, § 20-3-636 , enacted by Ga. L. 2001, p. 76, § 1.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 11 - Georgia Higher Education Savings Plan
§ 20-3-633. Creation; Board of Directors; Assignment to Department of Administrative Services
§ 20-3-634. Savings Trust Accounts; Availability; Terms and Provisions
§ 20-3-636. Taxation of Fund Property and Income
§ 20-3-638. Annual Statement and Report Requirements; Audits
§ 20-3-639. Plan Not Designed as Promise or Guarantee of Educational Benefits
§ 20-3-640. No Guarantee of Full Coverage of Educational Expenses
§ 20-3-641. Effect of Account in Determining Eligibility for State Aid