--- title: O.C.G.A. § 31-7-88. Payment of general obligations. collection: code id: 31-7-88 cite_as: O.C.G.A. § 31-7-88 (2025) canonical_url: https://georgiacommons.org/code/31-7-88 md_url: https://georgiacommons.org/code/31-7-88.md text_url: https://georgiacommons.org/code/31-7-88/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=386 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/31-7.md previous: https://georgiacommons.org/code/31-7-87.md next: https://georgiacommons.org/code/31-7-89.md index: https://georgiacommons.org/code/index.md version: the only printed version in_force: true 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 --- # O.C.G.A. § 31-7-88. Payment of general obligations. Obligations of an authority other than certificates shall be payable from general funds of an authority and shall at no time be a charge against any special fund allocated to the payment of certificates except upon payment of current annual maturities and reserves required to be created under Code Section 31-7-77. The maturity of any such obligations shall not extend for more than 40 years. ## History Ga. L. 1941, p. 241, § 11; Code 1933, § 88-1816, enacted by Ga. L. 1964, p. 499, § 1; Ga. L. 1974, p. 424, § 1.