---
title: O.C.G.A. § 32-10-129. Bank exempted from taxes and assessments.
collection: code
id: 32-10-129
cite_as: O.C.G.A. § 32-10-129 (2025)
canonical_url: https://georgiacommons.org/code/32-10-129
md_url: https://georgiacommons.org/code/32-10-129.md
text_url: https://georgiacommons.org/code/32-10-129/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=481
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/32-10-128.md
next: https://georgiacommons.org/code/32-10-130.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 / TRANSPORTATION INFRASTRUCTURE BANK
---

# O.C.G.A. § 32-10-129. Bank exempted from taxes and assessments.

The bank is performing an essential governmental function in the exercise of the powers conferred upon it and shall not be required to pay taxes or assessments upon property or upon its operations or the income therefrom, or taxes or assessments upon property or loan obligations acquired or used by the bank or upon the income therefrom.

## History

Code 1981, § 32-10-129, enacted by Ga. L. 2008, p. 73, § 2/HB 1019.