Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 9. GEO. L. SMITH II GEORGIA WORLD CONGRESS CENTER · Article 3. REVENUE BONDS

10-9-44. Sale of bonds; interest rate.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The authority may sell the revenue bonds in such manner at public or private sale and for such price, rate of interest, and other terms as it may determine to be in the best interest of the authority. The rate of interest may be a fixed or variable rate, but if the rate is a variable rate, a maximum per annum rate of interest shall be specified in the authorizing resolution and in the validation proceeding.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 10-9-44, enacted by Ga. L. 1988, p. 556, § 4.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 1270; merge action: carried; file SHA-256 7afbade16da7.