---
title: O.C.G.A. § 36-38-3. Registration of bonds in which municipal funds invested in name of municipal corporation.
collection: code
id: 36-38-3
cite_as: O.C.G.A. § 36-38-3 (2025)
canonical_url: https://georgiacommons.org/code/36-38-3
md_url: https://georgiacommons.org/code/36-38-3.md
text_url: https://georgiacommons.org/code/36-38-3/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t35-t36-ch1-59-(v27)-2025-pdf.pdf?sfvrsn=66569db4_0#page=818
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/36-38.md
previous: https://georgiacommons.org/code/36-38-2.md
next: https://georgiacommons.org/code/36-38-4.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: LOCAL GOVERNMENT / Provisions Applicable to Municipal Corporations Only / BONDS / GENERAL PROVISIONS
---

# O.C.G.A. § 36-38-3. Registration of bonds in which municipal funds invested in name of municipal corporation.

Whenever and as soon as the sinking fund of any municipal corporation has been invested in municipal, county, state, or federal government bonds as required by Code Section 36-38-1, the officer or officers of such municipal corporation charged with the custody of its funds and securities shall proceed forthwith to have the securities in which such funds are so invested registered in the name of the municipal corporation, provided such bonds by their terms under the conditions of their issue are capable of being registered in the name of the owner.

## History

Ga. L. 1910, p. 100, § 4; Code 1933, § 87-704.