---
title: O.C.G.A. § 8-4-11. Bonds and other obligations as legal investments and security.
collection: code
id: 8-4-11
cite_as: O.C.G.A. § 8-4-11 (2025)
canonical_url: https://georgiacommons.org/code/8-4-11
md_url: https://georgiacommons.org/code/8-4-11.md
text_url: https://georgiacommons.org/code/8-4-11/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=1083
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/8-4.md
previous: https://georgiacommons.org/code/8-4-10.md
next: https://georgiacommons.org/code/8-4-12.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 / CLEARANCE AND REHABILITATION OF BLIGHTED AREAS
---

# O.C.G.A. § 8-4-11. Bonds and other obligations as legal investments and security.

Bonds or other obligations issued by a housing authority in connection with a redevelopment project pursuant to this chapter, which bonds or obligations are secured by a contract with the federal government for financial assistance, shall be security for public deposits and legal investments to the same extent and for the same persons, institutions, associations, corporations, and other bodies and officers as bonds or other obligations which are secured by a contract with the federal government for annual contributions issued pursuant to Article 1 of Chapter 3 of this title, the “Housing Authorities Law,” in connection with the development of slum clearance or housing projects.

## History

Ga. L. 1946, p. 157, § 10; Ga. L. 1951, p. 683, § 5.