---
title: O.C.G.A. § 36-82-221. Sponsoring governmental unit requirement.
collection: code
id: 36-82-221
cite_as: O.C.G.A. § 36-82-221 (2025)
canonical_url: https://georgiacommons.org/code/36-82-221
md_url: https://georgiacommons.org/code/36-82-221.md
text_url: https://georgiacommons.org/code/36-82-221/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t36-ch60-92-(v27a)-2025-pdf.pdf?sfvrsn=1fad51cc_0#page=560
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/36-82.md
previous: https://georgiacommons.org/code/36-82-220.md
next: https://georgiacommons.org/code/36-82-222.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 Counties, Municipal Corporations, and Other Governmental Entities / BONDS / TRUSTS
---

# O.C.G.A. § 36-82-221. Sponsoring governmental unit requirement.

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.

## History

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