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2018 Georgia Code 20-3-157 | Car Wreck Lawyer

TITLE 20 EDUCATION

Section 3. Postsecondary Education, 20-3-1 through 20-3-660.

ARTICLE 5 GEORGIA EDUCATION AUTHORITY (UNIVERSITY)

20-3-157. Bonds negotiable; exemption of bonds from taxation.

All revenue bonds issued under this article shall have all the qualities and incidents of negotiable instruments under Article 8 of Title 11. Such bonds and the income thereof shall be exempt from all taxation within the state.

(Ga. L. 1949, p. 1009, § 8.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 64 Am. Jur. 2d, Public Securities and Obligations, §§ 11, 34. 71 Am. Jur. 2d, State and Local Taxation, § 346.

C.J.S.

- 84 C.J.S., Taxation, § 251.

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