--- title: O.C.G.A. § 36-82-256. Applicability to prior contracts. collection: code id: 36-82-256 cite_as: O.C.G.A. § 36-82-256 (2025) canonical_url: https://georgiacommons.org/code/36-82-256 md_url: https://georgiacommons.org/code/36-82-256.md text_url: https://georgiacommons.org/code/36-82-256/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=570 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/36-82-255.md next: https://georgiacommons.org/code/36-83-1.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 / INTEREST RATE MANAGEMENT AGREEMENTS --- # O.C.G.A. § 36-82-256. Applicability to prior contracts. Any contract which has been duly authorized and executed by a local governmental entity before May 2, 2005, shall not be rendered invalid or improper by the provisions of this article; provided, however, that this article shall apply to any renewal of such a contract after May 2, 2005, unless the contract permitted the renewal and set the terms of the renewal contract before January 1, 2005, in which case this article shall not apply to any such renewals. ## History Code 1981, § 36-82-256, enacted by Ga. L. 2005, p. 642, § 1/SB 227. ## Code Commission Notes Pursuant to Code Section 28-9-5, in 2005, “May 2, 2005,” was substituted for “the effective date of this article” and “May 2, 2005,” was substituted for “its effective date” in this Code section.