---
title: O.C.G.A. § 46-3-142. Paying agents for bonds.
collection: code
id: 46-3-142
cite_as: O.C.G.A. § 46-3-142 (2025)
canonical_url: https://georgiacommons.org/code/46-3-142
md_url: https://georgiacommons.org/code/46-3-142.md
text_url: https://georgiacommons.org/code/46-3-142/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t46-(v34)-2025-pdf.pdf?sfvrsn=48adb3c4_0#page=231
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/46-3.md
previous: https://georgiacommons.org/code/46-3-141.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: PUBLIC UTILITIES AND PUBLIC TRANSPORTATION / ELECTRICAL SERVICE / MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA
---

# O.C.G.A. § 46-3-142. Paying agents for bonds.

The authority may appoint one or more paying agents for each issue or series or installment of bonds. Every such paying agent shall be an incorporated bank or trust company authorized by the laws of the United States or of the state in which it is located to do a banking or trust business. The authority may make such provisions respecting paying agents as it deems necessary or useful and may enter into a contract with any paying agents containing such terms, including its compensation, and such conditions in regard to the paying agents as the authority deems necessary or useful.

## History

Ga. L. 1975, p. 107, § 11.