Official Code of Georgia Annotated

Title 12. CONSERVATION AND NATURAL RESOURCES · Chapter 3. PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION · Article 7. PUBLIC AUTHORITIES · Part 3. LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY

12-3-326. Revenue bonds — Status as negotiable instruments; tax exemption for bonds and income therefrom.

Active

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

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

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.

History

Ga. L. 1962, p. 736, § 12; Ga. L. 1969, p. 397, § 2.

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

Text read from t12-(v10)-2021-pdf.pdf, Volume V10, 2021 edition, page 226; merge action: carried; file SHA-256 a1ca11f804f2.

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