HB 1610

Abstract

A BILL to be entitled an Act to amend Title 36 of the O.C.G.A., relating to local government, so as to provide for local government investment policies; to provide scope, investment objectives, and applicability; to provide for performance measures; to provide of prudence and ethical standards; to amend Code Section 15-16-27, relating to deposit of cash bonds and reserves of professional bondspersons in interest-bearing accounts and disposition of interest, so as to update cross references; to provide for related matters; to repeal conflicting laws; and for other purposes.