Official Code of Georgia Annotated

Title 46. PUBLIC UTILITIES AND PUBLIC TRANSPORTATION · Chapter 8. RAILROAD COMPANIES · Article 12. STREET, SUBURBAN, AND INTERURBAN RAILROADS

46-8-337. Issuance of bonds, notes, or other indebtedness by consolidated corporation; pledge of security.

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

The consolidated corporation formed pursuant to Code Sections 46-8-334 through 46-8-336 shall have authority to issue its bonds, notes, and other evidences of indebtedness and to secure the same by mortgage or deed of trust, or otherwise, upon all its property or franchises, for any corporate purpose, within the limitations and in the manner prescribed by the laws of this state.

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.

Ga. L. 1909, p. 163, § 4; Civil Code 1910, § 2610; Code 1933, § 94-1017.

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

Text read from t46-(v34)-2025-pdf.pdf, Volume V34, 2025 edition, page 776; merge action: bound only; file SHA-256 53ab60ae5027.