Georgia Code
Article 3 - State Depositories
§ 50-17-66. State Officer Not to Receive Commission, Interest, Compensation, or Reward for Depositing State Money

No officer of this state shall be allowed to receive any commission, interest, compensation, or reward for himself from any source for the depositing of the state’s money in depositories or for continuing such deposits. Any officer of this state who receives any such commission, interest, compensation, or reward for himself shall, upon conviction thereof, be punished by imprisonment for not less than seven nor more than 20 years and shall be disqualified to hold office.
History. Ga. L. 1878-79, p. 88, § 2; Code 1882, § 943b; Ga. L. 1895, p. 22, § 1; Civil Code 1895, § 984; Penal Code 1895, § 201; Civil Code 1910, § 1251; Penal Code 1910, § 199; Code 1933, §§ 100-103, 100-9901.

Structure Georgia Code

Georgia Code

Title 50 - State Government

Chapter 17 - State Debt, Investment, and Depositories

Article 3 - State Depositories

§ 50-17-50. Creation of State Depository Board; Membership; Quorum; Assignment for Administrative Purposes

§ 50-17-50.1. Authority to Vote

§ 50-17-51. Meetings of State Depository Board; Records; List of Deposits; Interest Policy; Cash Management Policies and Procedures

§ 50-17-52. Contracts for Interest on Deposits; Authority to Remove Deposits

§ 50-17-53. Authority to Determine Amount to Be Deposited; Deposit Security Required

§ 50-17-54. Monitoring Financial Condition of Depositories; Action in Case of Insolvency of Depository

§ 50-17-55. Absolute Discretion of State Depository Board in Performance of Duties

§ 50-17-56. State Treasurer to Make Deposits in Compliance With Board’s Determinations

§ 50-17-57. State Treasurer to Make Reports

§ 50-17-58. Execution of Bonds by Depositories

§ 50-17-59. Deposit of Securities in Lieu of Bond

§ 50-17-60. Governor to Sell Bonds to Reimburse State for Any Default

§ 50-17-61. Procedure for Relief of Bond Sureties

§ 50-17-62. Funds to Be Held by Depositories

§ 50-17-63. Deposit of Demand Funds; Investment of Funds; Reports; Remittance of Interest Earned; Motor Fuel Tax Revenues

§ 50-17-64. Depositories Required to Furnish Monthly Statements

§ 50-17-65. State Officials to Notify Depositories of Any Unauthorized Signatures or Alterations; Notification in Lieu of Other Obligations to Notify; Assent to Provisions by Depositories

§ 50-17-66. State Officer Not to Receive Commission, Interest, Compensation, or Reward for Depositing State Money

§ 50-17-67. Depositories to Serve Without Definite Term or Salary or Fees; Exception