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

O.C.G.A. § 32-10-34 (2019)

Bonds as negotiable instruments; tax exemption

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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All bonds issued under this article shall have and are declared to have all the qualities and incidents of negotiable instruments under the laws of this state. Such bonds, their transfer, and the income therefrom shall be exempt from all taxation within this state.

History

Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 18; Ga. L. 1955, p. 124, § 19; Ga. L. 1967, p. 385, § 18; Code 1933,

§ 95A-1218, enacted by Ga. L. 1973, p. 947, § 1.

Annotations

RESEARCH REFERENCES ALR. - Bond or warrant of governmental subdivision as subject of taxation or exemption, 44 A.L.R. 510.