36-82-221. Sponsoring governmental unit requirement.

Active

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

No local authority shall issue or be a grantor of a trust which issues any obligations to finance or refinance any real or personal property to be owned, leased, or operated by any governmental unit which is not a sponsoring governmental unit of such local authority.

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.

Code 1981, § 36-82-221, enacted by Ga. L. 1997, p. 584, § 1.

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

Text read from t36-ch60-92-(v27a)-2025-pdf.pdf, Volume V27A, 2025 edition, page 560; merge action: bound only; file SHA-256 5150ee8c60f7.