Any trustee, officer, or administrator of a fund who receives, collects, disburses, or invests moneys in connection with the activities of the fund shall be responsible for such moneys in a fiduciary capacity.
History. Code 1933, § 114-623a, enacted by Ga. L. 1980, p. 1686, § 1; Ga. L. 1981, p. 1759, § 1.
Structure Georgia Code
Title 34 - Labor and Industrial Relations
Chapter 9 - Workers’ Compensation
Article 5 - Group Self-Insurance Funds
§ 34-9-150. Purpose of Article
§ 34-9-151.1. Eligibility for Establishing a Fund
§ 34-9-154. Compliance With Workers’ Compensation Obligations by Participation in Fund
§ 34-9-157. Boards of Trustees — Appointment of Members
§ 34-9-158. Boards of Trustees — Powers
§ 34-9-161. Securities Deposit; Excess Loss Funding Program
§ 34-9-163. Investment of Assets; Maintenance of Loss Reserves
§ 34-9-165. Requirements as to Contracts Between Funds and Administrators Not Employed by Funds
§ 34-9-166. Fiduciary Responsibilities of Trustees, Officers, or Administrators of Moneys
§ 34-9-167. Bond, Liability Insurance, and Resident Office of Administrator
§ 34-9-172. Examinations by Commissioner to Verify Solvency of Funds
§ 34-9-174. Promulgation of Rules and Regulations
§ 34-9-175. Hearings or Other Proceedings for Aggrieved Parties
§ 34-9-176. Service of Process; Venue of Actions
§ 34-9-177. Funds Not to Be Deemed Insurers
§ 34-9-178. Construction of Article
§ 34-9-179. Application of Chapter 6 of Title 33 to Funds; Enforcement by Commissioner
§ 34-9-181. Administrative Fines, Probation, or Additional Penalties