Any trustee, officer, or administrator of a fund who receives, collects, disburses, or invests moneys in connection with the activities of the fund shall be responsible for such moneys in a fiduciary capacity.
(Code 1933, § 114-623a, enacted by Ga. L. 1980, p. 1686, § 1; Ga. L. 1981, p. 1759, § 1.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 44A Am. Jur. 2d, Insurance, § 1828 et seq.
C.J.S.- 44 C.J.S., Insurance, §§ 105, 108.