O.C.G.A. § 20-2-395 (2019)
Notes for money borrowed
After the resolution provided for in Code Section 20-2-391 has been passed by any county board of education, the chairman of the county board, together with the county school superintendent, shall have the right to execute a note or notes in the name of the county board for any money that is authorized to be borrowed under the resolution passed by the county board.
History
Ga. L. 1919, p. 288, § 100; Code 1933, § 32-926.
Annotations
JUDICIAL DECISIONS Editor’s notes. - In light of the similarity of the statutory provisions, a deci-
sion under former Code 1910, § 1551, which was subsequently repealed but was
ELEMENTARY & SECONDARY EDUC.
succeeded by provisions in this Code section, is included in the annotations for this Code section. Prerequisite condition to right to borrow money. - Neither the record on the minutes of the board of the board’s resolution to borrow money nor the signing of the minutes by the president (now the chair) is a mandatory or prerequisite
condition to the right to borrow money and execute notes for school purposes. American Sur. Co. v. Citizens’ Bank, 48 Ga. App. 448, 172 S.E. 801, 1934 Ga. App. LEXIS 100 (1934), aff’d, 180 Ga. 827, 180 S.E. 635, 1935 Ga. LEXIS 571 (1935) (decided under former Code 1910, § 1551).
RESEARCH REFERENCES C.J.S. 78A C.J.S., Schools and School Districts, § 707 et seq.