Official Code of Georgia Annotated

Title 32. HIGHWAYS, BRIDGES, AND FERRIES · Chapter 10. PUBLIC AUTHORITIES · Article 2. STATE ROAD AND TOLLWAY AUTHORITY · Part 2. REVENUE BONDS

32-10-94. Bonds as negotiable instruments; tax exemption.

Active

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

All revenue bonds issued under this article shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments law of the state. Such bonds, their transfer, and the income therefrom shall be exempt from all taxation in this state.

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.

Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 16; Code 1933, § 95A-1253, enacted by Ga. L. 1973, p. 947, § 1.

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

Text read from t32-(v23a)-2019-pdf.pdf, Volume V23A, 2019 edition, page 464; merge action: carried; file SHA-256 04a286a38b4e.