Official Code of Georgia Annotated

Title 8. BUILDINGS AND HOUSING · Chapter 3. HOUSING GENERALLY · Article 1. HOUSING AUTHORITIES · Part 4. OBLIGATIONS ON BONDS AND LEASES

8-3-73. Form; terms; interest.

Active

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

Bonds of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates; mature at such time or times; bear interest at such rate or rates; be in such denomination or denominations; be in such form, either coupon or registered; carry such conversion or registration privileges; have such rank or priority; be executed in such manner; be payable in such medium of payment, at such place or places; and be subject to such terms of redemption, with or without premium, as such resolution, its trust indenture, or mortgage may provide.

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. 1937, p. 210, § 15; 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. 1970, p. 113, § 1; Ga. L. 1971, p. 94, § 1; Ga. L. 1980, p. 1094, § 1.

Cross references

Repeal of interest rate limitations, § 36-82-123.

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 t7-t8-(v5)-2024-pdf.pdf, Volume V5, 2024 edition, pages 1006 to 1007; merge action: carried; file SHA-256 5c69f28428d8.