• § 20-3-310 - Short Title
  This part shall be known and may be cited as the "Georgia Student Finance Authority Act."
• § 20-3-311 - Legislative Findings; Purposes of Authority
  (a) Legislative findings. The General Assembly finds that the growth and development of this state and nation have been and will undoubtedly remain strongly...
• § 20-3-312 - Definitions
  As used in this part, the term: (1) "Authority" means the Georgia Student Finance Authority created by Code Section 20-3-313. (2) "Authorized officer" means...
• § 20-3-313 - Authority Created As Successor to Georgia Higher Education Assistance Authority
  (a) There is created a public authority, a body corporate and politic, to be known as the Georgia Student Finance Authority, which shall be...
• § 20-3-314 - Functions, Composition, Organization, and Conduct of Affairs of Board of Directors
  (a) Functions and composition. The authority shall be governed and all of its corporate powers, duties, and functions shall be exercised by a board...
• § 20-3-315 - Authority Officers and Employees; Bonds
  The executive director of the commission, or president, if designated by such title by the board of commissioners, shall serve as the executive director...
• § 20-3-316 - Powers and Duties of Authority; Employees' Functions; Servicing of Educational Loans; Registration With Selective Service System; Conflicts With Federal or Other State Law; Confidentiality
  (a) In addition to all other provisions of this part as set forth in each subpart of this part and in furtherance of the...
• § 20-3-316.1 - Selection on Tax Form of Nonprofit Corporations Established by the Georgia Student Finance Authority for Contribution
  (a) Each Georgia income tax return form for taxable years beginning on or after January 1, 2015, shall contain appropriate language, to be determined...
• § 20-3-317 - Accounting System; Use of Funds; Payments to Commission
  The authority shall maintain a system of accounts in accordance with generally accepted accounting procedures and standard accounting procedures and systems established by the...
• § 20-3-318 - Authority Administration Fund
  The authority shall maintain an administration fund for itself and of the corporation as provided for in this Code section to which shall be...
• § 20-3-319 - Temporary Transfer of Authority State Funds to Corporation to Accelerate Federal Payments
  In the event the United States makes the federal payments referred to in Code Section 20-3-272 to lenders through the corporation, any available state...
• § 20-3-320 - Audits of Authority; Distribution of Audit Reports
  The state auditor shall make an annual financial audit of the books, accounts, and records of the authority. The state auditor shall maintain a...
• § 20-3-321 - School Audits; Program Reviews; Corrective Actions
  The authority is authorized: (1) To examine and audit accounts and records of schools relative to financial assistance provided to students enrolled therein under...
• § 20-3-322 - Contributions Deductible for Tax Purposes
  Notwithstanding any general or special law or any certificate of incorporation, charter, or other articles of organization, all domestic or domesticated corporations, associations, and...
• § 20-3-323 - Conflicts of Interest Involving Directors, Officers, or Employees of Authority
  If any director, officer, or employee of the authority shall be interested, either directly or indirectly, or shall be a director, officer, or employee...
• § 20-3-324 - Authority Assigned to Commission
  The authority created by subsection (a) of Code Section 20-3-313 is assigned to the commission created by subsection (a) of Code Section 20-3-233 for...
• § 20-3-325 - Dissolution of Authority
  Upon dissolution of the authority, all of its assets, rights, and property shall pass to and be vested in the state to be used...
• § 20-3-326 - Venue of Proceedings Against Authority
  The venue for any legal proceeding brought against the authority shall be Fulton County, regardless of the county in which the principal office or...
• § 20-3-327 - General Banking Business by Authority Prohibited
  Nothing contained in this part shall be construed to mean that the authority is engaged in or is authorized to engage in the general...
• § 20-3-328 - Operations Reports by Authority
  The authority is authorized to publish in print or electronically annually, or at more or less frequent intervals determined by the board of directors,...
• § 20-3-329 - Employees of Commission Transferred to Authority; Status of Authority Employees Hired After July 1, 1996; Status of Transferred Employees; Benefits of Transferred Employees Not Impaired
  (a) All employees of the commission shall, on July 1, 1996, become employees of the authority, subject to the operating needs of the authority....

Last modified: October 14, 2016