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

20-2-392. Duration of loan; repayment.

Active

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

No money shall be borrowed for any longer time than is necessary, and it shall be paid back out of any funds of the county school superintendent that can be legally applied to the payment of the loan.

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. 1919, p. 288, § 97; Code 1933, § 32-923.

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 547; merge action: carried; file SHA-256 8daa8948bdb5.