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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

8-3-75. Signatures; negotiability.

Active

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

  1. In case any of the commissioners or officers of the authority whose signatures appear on any bonds or coupons shall cease to be such commissioners or officers before the delivery of such bonds, such signatures shall nevertheless be valid and sufficient for all purposes, the same as if they had remained in office until such delivery. Any law to the contrary notwithstanding, any bonds issued pursuant to this article shall be fully negotiable.

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.

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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, page 1007; merge action: carried; file SHA-256 5c69f28428d8.

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O.C.G.A. § 8-3-75. Signatures; negotiability. | Georgia Commons