---
title: O.C.G.A. § 20-2-451. Electoral approval required for refunding, retiring, or refinancing outstanding district bonds.
collection: code
id: 20-2-451
cite_as: O.C.G.A. § 20-2-451 (2025)
canonical_url: https://georgiacommons.org/code/20-2-451
md_url: https://georgiacommons.org/code/20-2-451.md
text_url: https://georgiacommons.org/code/20-2-451/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=566
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/20-2-450.md
next: https://georgiacommons.org/code/20-2-452.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 / BOND ISSUES / Refunding Bonds
---

# O.C.G.A. § 20-2-451. Electoral approval required for refunding, retiring, or refinancing outstanding district bonds.

The advisability or necessity of refunding, retiring, or refinancing such bonds shall be determined by the qualified voters of the school district concerned in an election to be held in such district in the manner provided in this Code section.

## History

Ga. L. 1937, p. 869, § 2.