Section 49-9-10 - Acceptance and use of gifts

The director is authorized and empowered, with the approval of the board, to accept and use gifts made unconditionally, by will or otherwise, for carrying out the purposes of this chapter. Gifts made under such conditions as are proper and consistent with this chapter may be so accepted and shall be held, invested, reinvested, and used in accordance with the conditions of the gift.Renumbered from Code Section 34-15-9 and amended by 2012 Ga. Laws 608,§ 1, eff. 7/1/2012.