---
title: O.C.G.A. § 12-3-204. Revenue bonds — Status as negotiable instruments; tax exemption for bonds and income therefrom.
collection: code
id: 12-3-204
cite_as: O.C.G.A. § 12-3-204 (2025)
canonical_url: https://georgiacommons.org/code/12-3-204
md_url: https://georgiacommons.org/code/12-3-204.md
text_url: https://georgiacommons.org/code/12-3-204/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t12-(v10)-2021-pdf.pdf?sfvrsn=67595359_0#page=148
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/12-3.md
previous: https://georgiacommons.org/code/12-3-203.md
next: https://georgiacommons.org/code/12-3-205.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: CONSERVATION AND NATURAL RESOURCES / PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION / MEMORIALS / STONE MOUNTAIN MEMORIAL ASSOCIATION
---

# O.C.G.A. § 12-3-204. Revenue bonds — Status as negotiable instruments; tax exemption for bonds and income therefrom.

All bonds issued under this part shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments laws of this state. Such bonds and the income thereof shall be exempt from all taxation within the state.

## History

Ga. L. 1958, p. 61, § 14.