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Official Code of Georgia Annotated

Title 50. STATE GOVERNMENT · Chapter 17. STATE DEBT, INVESTMENT, AND DEPOSITORIES · Article 1. GENERAL PROVISIONS

50-17-1. Use of facsimile signatures on public securities authorized.

Active

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

  1. (a)

    Public securities authorized to be issued and delivered at any one time may be executed with an engraved, imprinted, stamped, or otherwise reproduced facsimile of any signature, seal, or other means of authentication, certification, or endorsement required or permitted to be recorded thereon if so authorized by the board, body, or officer empowered by law to authorize the issuance of such securities. In addition to the foregoing, the clerk of the superior court of each county of this state may authorize the execution of any public securities, as defined in subsection (b) of this Code section, requiring or permitting his signature, with an engraved, imprinted, stamped, or otherwise reproduced facsimile of such signature and with an engraved, imprinted, stamped, or otherwise reproduced facsimile of the seal of the superior court of which he is clerk.#

  2. (b)

    The term ‘‘public securities,’’ as used in this Code section, means bonds, notes, or other obligations for the payment of money issued by this state, by its political subdivisions, or by any department, agency, or other instrumentality of this state or any of its political subdivisions.#

  3. (c)

    This Code section shall be permissive only and shall in no instance be mandatory.#

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.

History

Ga. L. 1958, p. 689, §§ 1-3; Ga. L. 1977, p. 633, § 1; Ga. L. 1983, p. 839, § 3.

Law reviews

For article discussing tax-exempt financing in Georgia, see 18 Ga. St. B.J. 20 (1981).

Read the official page (the state's PDF, opened at the page this text was read from).

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

Text read from t50-ch13-40-(v38a)-2021-pdf.pdf, Volume V38A, 2021 edition, pages 235 to 236; merge action: carried; file SHA-256 1cacff3315fb.