---
title: O.C.G.A. § 31-7-80. Form and contents of revenue certificates; validity of signatures thereon.
collection: code
id: 31-7-80
cite_as: O.C.G.A. § 31-7-80 (2025)
canonical_url: https://georgiacommons.org/code/31-7-80
md_url: https://georgiacommons.org/code/31-7-80.md
text_url: https://georgiacommons.org/code/31-7-80/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t31-(v23)-2025-pdf.pdf?sfvrsn=da7ded69_0#page=378
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
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publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
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current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: HEALTH / REGULATION AND CONSTRUCTION OF HOSPITALS AND OTHER HEALTH CARE FACILITIES / COUNTY AND MUNICIPAL HOSPITAL AUTHORITIES
extraction_warnings:
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---

# O.C.G.A. § 31-7-80. Form and contents of revenue certificates; validity of signatures thereon.

Certificates of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates; mature at such time or times; bear interest at such rate or rates not exceeding 9 percent per annum; be in such denomination or denominations; be in such form, either coupon or registered; carry such conversion or registration privileges; have such rank or priority; be executed in such manner; be payable in such medium of payment, at such place or places; and be subject to such terms of redemption, with or without premium, as such resolution, its trust indenture, or mortgage may provide. In the event that any of the members or officers of the authority whose signatures appear on any certificates or coupons shall cease to be such members or officers before the delivery of such certificates, such signatures shall nevertheless be valid and sufficient for all purposes.

## History

Ga. L. 1941, p. 241, § 8; Ga. L. 1957, p. 485, § 1; Code 1933, § 88-1809, enacted by Ga. L. 1964, p. 499, § 1; Ga. L. 1968, p. 1097, § 1; Ga. L. 1970, p. 144, § 1.

## Cross References

Repeal of interest rate limitations, § 36-82-123.