Official Code of Georgia Annotated
Title 20. EDUCATION · Chapter 2. ELEMENTARY AND SECONDARY EDUCATION · Article 9. LOCAL PUBLIC SCHOOL FINANCES · Part 1. BORROWING FOR OPERATING EXPENSES
20-2-390. Power of county boards.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
The county boards of education of the several counties of this state shall have the power and authority, whenever they deem it necessary, to borrow sufficient amounts of money, and no more, to pay for the operation of the public schools of their counties, provided that no county board shall have authority under this part to borrow a sum of money greater in the aggregate than the sum which the county board may be entitled to receive from the state appropriation and from taxes levied for educational purposes during the year in which such loan is made.
History
Ga. L. 1919, p. 288, § 95; Code 1933, § 32-921; Ga. L. 1937, p. 880, § 1.
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t20-ch1-2a-(v17)-2022-pdf.pdf, Volume V17, 2022 edition, page 544; merge action: carried; file SHA-256 8daa8948bdb5.