---
title: O.C.G.A. § 20-2-393. Interest.
collection: code
id: 20-2-393
cite_as: O.C.G.A. § 20-2-393 (2025)
canonical_url: https://georgiacommons.org/code/20-2-393
md_url: https://georgiacommons.org/code/20-2-393.md
text_url: https://georgiacommons.org/code/20-2-393/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=548
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.
up: https://georgiacommons.org/code/20-2.md
previous: https://georgiacommons.org/code/20-2-392.md
next: https://georgiacommons.org/code/20-2-394.md
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 / LOCAL PUBLIC SCHOOL FINANCES / BORROWING FOR OPERATING EXPENSES
---

# O.C.G.A. § 20-2-393. Interest.

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.

## History

Ga. L. 1919, p. 288, § 98; Code 1933, § 32-924.