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

20-2-393. Interest.

Active

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

Any county board of education borrowing money under this part shall borrow it at as low a rate of interest as possible. The county board is authorized to pay the interest on the money out of the public school fund for the county.

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, § 98; Code 1933, § 32-924.

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