---
title: O.C.G.A. § 20-2-170. Authority to withhold payment of bonded indebtedness from appropriation.
collection: code
id: 20-2-170
cite_as: O.C.G.A. § 20-2-170 (2025)
canonical_url: https://georgiacommons.org/code/20-2-170
md_url: https://georgiacommons.org/code/20-2-170.md
text_url: https://georgiacommons.org/code/20-2-170/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch1-2a-(v17)-2022-pdf.pdf?sfvrsn=9db936c6_0#page=332
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.
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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: EDUCATION / ELEMENTARY AND SECONDARY EDUCATION / QUALITY BASIC EDUCATION / FINANCING
---

# O.C.G.A. § 20-2-170. Authority to withhold payment of bonded indebtedness from appropriation.

If the State Board of Education has received the notification from any local school system or district described in Code Section 20-2-480 and if at any time the State Board of Education is notified by the sinking fund custodian, trustee, or paying agent for bonded indebtedness of such school district or system that the school district or system has failed to effect the punctual payment of the principal of or interest on such indebtedness, the State Board of Education is authorized to and shall withhold from any state appropriation to which such school district or system may be entitled and apply so much thereof as shall be necessary to the payment of the principal of and interest on such indebtedness then due.

## History

Code 1981, § 20-2-170, enacted by Ga. L. 1991, p. 1579, § 1.