2010 Georgia Code 12-3-209 Case Law
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Graham W. Syfert, Esq.

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One Click Case Law for § 12-3-209
O.C.G.A. § 12-3-208 <-- --> O.C.G.A. §12-3-21



2010 Georgia Code

TITLE 12 - CONSERVATION AND NATURAL RESOURCES

CHAPTER 3 - PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION
ARTICLE 6 - MEMORIALS
PART 4 - STONE MOUNTAIN MEMORIAL ASSOCIATION
§ 12-3-209 - Revenue bonds -- Status as constituting debt or pledge of credit of state; effect of issuance of bonds on obligation of state to tax or make appropriations; recitals on face of bonds

O.C.G.A. 12-3-209 (2010)
12-3-209. Revenue bonds -- Status as constituting debt or pledge of credit of state; effect of issuance of bonds on obligation of state to tax or make appropriations; recitals on face of bonds


Bonds issued under this part shall not be deemed to constitute a debt of the State of Georgia or a pledge of the credit of the state. Such bonds shall be payable solely from the fund provided for in Code Section 12-3-212; and the issuance of such bonds shall not directly, indirectly, or contingently obligate the state to levy or to pledge any form of taxation whatsoever therefor or to make any appropriation for their payment. All such bonds shall contain recitals on their face covering substantially the foregoing provisions of this Code section.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com