Official Code of Georgia Annotated

Title 50. STATE GOVERNMENT · Chapter 17. STATE DEBT, INVESTMENT, AND DEPOSITORIES · Article 5. INTEREST RATE MANAGEMENT

50-17-105. Applicability of state law; jurisdiction.

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

When entering into any qualified interest rate management agreement authorized under this article, the agreement shall be governed by the laws of the State of Georgia, and jurisdiction over the state party in any matter concerning a qualified interest rate management agreement shall lie exclusively in the courts of the State of Georgia or in the applicable federal court having jurisdiction and located within the State of Georgia.

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.

Code 1981, § 50-17-105, enacted by Ga. L. 2005, p. 642, § 2/SB 227.

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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, page 299; merge action: carried; file SHA-256 1cacff3315fb.