Official Code of Georgia Annotated

Title 52. WATERS OF THE STATE, PORTS, AND WATERCRAFT · Chapter 2. GEORGIA PORTS AUTHORITY

52-2-18. Revenue bonds — Status of bonds as negotiable instruments; tax exemption for bonds and for income therefrom.

Active

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

All revenue bonds issued under this chapter shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments laws of the state. Such bonds and the income therefrom shall be exempt from all taxation within the 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.

History

Ga. L. 1945, p. 464, § 5.

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

Text read from t52-t53-(v40)-2021-pdf.pdf, Volume V40, 2021 edition, page 44; merge action: carried; file SHA-256 062775612dfc.

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