Depositories appointed by the board shall serve only at the discretion of the board and without definite term. Depositories shall receive no salary or fees from the state except as authorized by Code Section 50-17-52.
History. Ga. L. 1878-79, p. 88, § 2; Code 1882, § 943b; Ga. L. 1895, p. 22, § 1; Civil Code 1895, § 983; Civil Code 1910, § 1250; Code 1933, § 100-102; Ga. L. 1949, p. 13, § 3; Ga. L. 1992, p. 1247, § 4.
Structure Georgia Code
Chapter 17 - State Debt, Investment, and Depositories
Article 3 - State Depositories
§ 50-17-50.1. Authority to Vote
§ 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
§ 50-17-55. 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
§ 50-17-64. Depositories Required to Furnish Monthly Statements
§ 50-17-67. Depositories to Serve Without Definite Term or Salary or Fees; Exception