Section 36-80-4. Delegation of governing body's investment authority to financial officer

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The governing body may delegate the investment authority provided by Code Section 36-80-3 to the treasurer or other financial officer charged with custody of the funds of the local government, who shall thereafter assume full responsibility for such investment transactions until the delegation of authority terminates or is revoked.

Ga. L. 1964, p. 741, § 2.

                    
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