History. Code 1981, § 47-20-83 , enacted by Ga. L. 2000, p. 2, § 2; Ga. L. 2001, p. 21, § 1; Ga. L. 2007, p. 115, §§ 1, 2/HB 318; Ga. L. 2009, p. 368, § 1/SB 48; Ga. L. 2013, p. 612, § 1/HB 71; Ga. L. 2015, p. 887, § 1/HB 217; Ga. L. 2016, p. 268, § 1/SB 335; Ga. L. 2017, p. 143, § 1/HB 83.
The 2009 amendment, effective April 30, 2009, part of an Act to revise, modernize, and correct this title, revised punctuation in paragraph (a)(1).
The 2013 amendment, effective July 1, 2013, substituted “10 percent” for “5 percent” near the middle of subsection (b).
The 2015 amendment, effective July 1, 2015, in subsection (a), deleted “and” at the end of paragraph (a)(21), substituted a semicolon for the period at the end of paragraph (a)(22), and added paragraphs (a)(23) and (a)(24).
The 2016 amendment, effective July 1, 2016, inserted “maintained by state chartered banks or trust companies” near the beginning of paragraph (a)(24).
The 2017 amendment, effective July 1, 2017, designated the existing provisions of subsection (b) as paragraph (b)(1); inserted “and” preceding “provided, further” near the middle of paragraph (b)(1); and added paragraph (b)(2).
Structure Georgia Code
Title 47 - Retirement and Pensions
Chapter 20 - Public Retirement Systems Standards
Article 7 - Public Retirement Systems Investment Authority Law
§ 47-20-81. Fund Defined; Applicability
§ 47-20-82. Investing Funds; Eligibility; Investment Limitation
§ 47-20-83. Certificated or Uncertificated Forms of Investment; Real Estate Investments