O.C.G.A.

O.C.G.A. § 20-2-453 (2019)

Elections to approve refunding, retiring, or refinancing outstanding district bonds - Contents of election notice

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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The county board of education or board of education or corresponding body, as the case may be, shall specify in the election notice what amount of bonds are to be issued, for what purpose, what interest they are to bear, how much principal and interest are to be paid annually, and when they are to be fully paid off. It shall also specify in the notice the amount of bonds and interest, if any, date of issue, rate of interest, and dates due of the outstanding schoolhouse bonds which are sought to be retired, refunded, or refinanced.

History

Ga. L. 1937, p. 869, § 2.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. 64 Am. Jur. 2d, Public Securities and Obligations, § 130 et seq.

C.J.S. 78A C.J.S., Schools and School Districts, §§ 757, 758, 761, 763.

ALR. Statement regarding cost of proposed

public improvement in ballot for special election in that regard, 117 A.L.R. 892.