Official Code of Georgia Annotated

Title 31. HEALTH · Chapter 7. REGULATION AND CONSTRUCTION OF HOSPITALS AND OTHER HEALTH CARE FACILITIES · Article 4. COUNTY AND MUNICIPAL HOSPITAL AUTHORITIES

31-7-79. Liability on revenue certificates; tax exemption.

Active

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

Neither the members of an authority nor any person executing certificates on behalf of an authority shall be personally liable thereon by reason of the issuance thereof. The certificates and other obligations of an authority shall not be, and shall so state on the face thereof, a debt of the city, the county, the state or any political subdivision thereof, or any combination of subdivisions acting jointly as provided in this article. Certificates of any authority are declared to be issued for an essential public and governmental purpose and, together with interest thereon and income therefrom, shall be exempt from all taxes.

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. 1941, p. 241, § 7; Ga. L. 1955, p. 618, § 1; Code 1933, § 88-1808, enacted by Ga. L. 1964, p. 499, § 1.

Law reviews

For article, “Hospital Liability for Physician Negligence in Georgia: A Realistic Approach,” see 37 Mercer L. Rev. 701 (1986).

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

Text read from t31-(v23)-2025-pdf.pdf, Volume V23, 2025 edition, page 377; merge action: bound only; file SHA-256 ba5a57f85d04.