---
title: O.C.G.A. § 50-32-38. Issuance of bonds or other obligations subject to approval of commission.
collection: code
id: 50-32-38
cite_as: O.C.G.A. § 50-32-38 (2025)
canonical_url: https://georgiacommons.org/code/50-32-38
md_url: https://georgiacommons.org/code/50-32-38.md
text_url: https://georgiacommons.org/code/50-32-38/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t50-ch13-40-(v38a)-2021-pdf.pdf?sfvrsn=1209d23f_0#page=716
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/50-32.md
previous: https://georgiacommons.org/code/50-32-37.md
next: https://georgiacommons.org/code/50-32-39.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: STATE GOVERNMENT / GEORGIA REGIONAL TRANSPORTATION AUTHORITY / FUNDING
---

# O.C.G.A. § 50-32-38. Issuance of bonds or other obligations subject to approval of commission.

The issuance of any bond, revenue bond, note, or other obligation or incurring of debt, public or otherwise, by the authority must be approved by the commission established by Article VII, Section IV, Paragraph VII of the Constitution of the State of Georgia of 1983 or its successor.

## History

Code 1981, § 50-32-38, enacted by Ga. L. 1999, p. 112, § 7.