O.C.G.A.
O.C.G.A.

O.C.G.A. § 20-2-477 (2019)

Construction of subpart against impairment of outstanding bonds

✓ 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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This subpart shall not be construed to impair the obligation of any bond outstanding on March 31, 1937, or to prejudice the rights of any bondholder of an outstanding bond issued prior to that date.

History

Ga. L. 1937, p. 869, § 14.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. 64 Am. Jur. 2d, Public Securities and Obligations, §§ 377, 378.

C.J.S. 78 C.J.S., Schools and School Districts, § 788.

Subpart 3 Withholding Appropriations to Pay Indebtedness