Title 45, Chapter 9, Section 75
( 45-9-75)
There is created a fund to be known as the Georgia Public School
Personnel Indemnification Fund. The custodian of the Georgia Public
School Personnel Indemnification Fund shall be the Department of
Administrative Services. The Department of Administrative Services
shall administer the Georgia Public School Personnel Indemnification
Fund and may invest the resources of the fund in the same manner and
fashion that an insurer authorized to issue contracts of life
insurance is authorized to invest its resources. The Department of
Administrative Services shall be further authorized to intermingle
the resources of the Georgia Public School Personnel Indemnification
Fund with the resources of any other funds or accounts which have
similar restrictions on the investments which may be made with such
funds; provided, however, that separate bookkeeping accounts on each
such fund shall be maintained. |