--- title: O.C.G.A. § 8-3-71. Bonds not personal liability nor public debt. collection: code id: 8-3-71 cite_as: O.C.G.A. § 8-3-71 (2025) canonical_url: https://georgiacommons.org/code/8-3-71 md_url: https://georgiacommons.org/code/8-3-71.md text_url: https://georgiacommons.org/code/8-3-71/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=1005 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/8-3.md previous: https://georgiacommons.org/code/8-3-70.md next: https://georgiacommons.org/code/8-3-72.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: BUILDINGS AND HOUSING / HOUSING GENERALLY / HOUSING AUTHORITIES / OBLIGATIONS ON BONDS AND LEASES --- # O.C.G.A. § 8-3-71. Bonds not personal liability nor public debt. (a) Neither the commissioners of an authority nor any person executing the bonds shall be liable personally on the bonds by reason of the issuance thereof. (b) The bonds and other obligations of an authority shall not be a debt of the city, the county, the state, or any political subdivision of the state; and such bonds or obligations shall so state on their face. Neither the city, the county, the state, nor any political subdivision of the state shall be liable on such bonds or other obligations; nor in any event shall such bonds or obligations be payable out of any funds or properties other than those of said authority. The bonds shall not constitute an indebtedness within the meaning of any constitutional or statutory debt limitation or restriction. ## History Ga. L. 1937, p. 210, § 14; Ga. L. 1939, p. 126, § 3; Ga. L. 1951, p. 127, § 3; Ga. L. 1959, p. 141, § 3; Ga. L. 1962, p. 734, § 3; Ga. L. 1971, p. 94, § 1.