---
title: O.C.G.A. § 32-10-106. Protection of interests and rights of bondholders.
collection: code
id: 32-10-106
cite_as: O.C.G.A. § 32-10-106 (2025)
canonical_url: https://georgiacommons.org/code/32-10-106
md_url: https://georgiacommons.org/code/32-10-106.md
text_url: https://georgiacommons.org/code/32-10-106/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t32-(v23a)-2019-pdf.pdf?sfvrsn=b4b1408c_0#page=470
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/32-10.md
previous: https://georgiacommons.org/code/32-10-105.md
next: https://georgiacommons.org/code/32-10-107.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: HIGHWAYS, BRIDGES, AND FERRIES / PUBLIC AUTHORITIES / STATE ROAD AND TOLLWAY AUTHORITY / REVENUE BONDS
---

# O.C.G.A. § 32-10-106. Protection of interests and rights of bondholders.

While any of the bonds issued by the authority remain outstanding, the powers, duties, or existence of the authority or of its officers, employees, or agents shall not be diminished or impaired in any manner that will affect adversely the interests and rights of the holders of such bonds.

## History

Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 31; Ga. L. 1972, p. 179, § 21; Code 1933, § 95A-1268, enacted by Ga. L. 1973, p. 947, § 1.