---
title: O.C.G.A. § 36-42-12. Obligations of authorities not public debt of state or political subdivision thereof.
collection: code
id: 36-42-12
cite_as: O.C.G.A. § 36-42-12 (2025)
canonical_url: https://georgiacommons.org/code/36-42-12
md_url: https://georgiacommons.org/code/36-42-12.md
text_url: https://georgiacommons.org/code/36-42-12/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=901
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/36-42.md
previous: https://georgiacommons.org/code/36-42-11.md
next: https://georgiacommons.org/code/36-42-13.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 / DOWNTOWN DEVELOPMENT AUTHORITIES
---

# O.C.G.A. § 36-42-12. Obligations of authorities not public debt of state or political subdivision thereof.

No bonds, notes, or other obligations of, and no indebtedness incurred by, an authority shall constitute an indebtedness or obligation of the State of Georgia or any county, municipal corporation, or political subdivision thereof, nor shall any act of any authority in any manner constitute or result in the creation of an indebtedness of this state or any county, municipal corporation, or political subdivision thereof. No holder or holders of any such bonds, notes, or other obligations shall ever have the right to compel any exercise of the taxing power of the state or any county, municipal corporation, or political subdivision thereof, nor to enforce the payment thereof against the state or any such county, municipal corporation, or political subdivision.

## History

Ga. L. 1981, p. 1744, § 11.