---
title: O.C.G.A. § 10-9-44. Sale of bonds; interest rate.
collection: code
id: 10-9-44
cite_as: O.C.G.A. § 10-9-44 (2025)
canonical_url: https://georgiacommons.org/code/10-9-44
md_url: https://georgiacommons.org/code/10-9-44.md
text_url: https://georgiacommons.org/code/10-9-44/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=1270
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/10-9.md
previous: https://georgiacommons.org/code/10-9-43.md
next: https://georgiacommons.org/code/10-9-45.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCE AND TRADE / GEO. L. SMITH II GEORGIA WORLD CONGRESS CENTER / REVENUE BONDS
---

# O.C.G.A. § 10-9-44. Sale of bonds; interest rate.

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.

## History

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