---
title: O.C.G.A. § 36-91-71. Acceptable substitutes for bond.
collection: code
id: 36-91-71
cite_as: O.C.G.A. § 36-91-71 (2025)
canonical_url: https://georgiacommons.org/code/36-91-71
md_url: https://georgiacommons.org/code/36-91-71.md
text_url: https://georgiacommons.org/code/36-91-71/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=645
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/36-91.md
previous: https://georgiacommons.org/code/36-91-70.md
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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 / PUBLIC WORKS BIDDING / BONDS / PERFORMANCE BONDS
---

# O.C.G.A. § 36-91-71. Acceptable substitutes for bond.

When the amount of the performance bond required under this article does not exceed $750,000.00, the governmental entity may, in its sole discretion, accept an irrevocable letter of credit by a bank or savings and loan association, as defined in Code Section 7-1-4, in the amount of and in lieu of the bond otherwise required under this article.

## History

Code 1981, § 36-91-51, enacted by Ga. L. 2000, p. 498, § 1; Code 1981, § 36-91-71, as redesignated by Ga. L. 2001, p. 820, § 12; Ga. L. 2007, p. 209, § 2/HB 134.

## Editor's Notes

Ga. L. 2001, p. 820, § 12, effective July 1, 2001, redesignated former Code Section 36-91-71 as present Code Section 36-91-91.

## Law Reviews

For survey article on local government law, see 59 Mercer L. Rev. 285 (2007).