O.C.G.A. § 36-82-202 (2019)
Applicability
Sec.
Article 9 Trusts Sec.
Definitions. Sponsoring governmental unit requirement. Construction.
Article 10 Commercial Paper Notes from Government Definitions. Governed by general provisions on commercial paper; issuance of security by governmental entity; requirements of governing body renewal and reissuance of commercial paper.
Qualified interest rate management agreements authorized. Plan required; annual review of plan and report. Requirements for plans; renewal or termination; provisions and limitations regarding obligation for payment; credit enhancement and liquidity agreements. Required information in annual financial statements. Applicability of Georgia law; jurisdiction. Applicability to prior contracts.
Article 11 Interest Rate Management Agreements Definitions.
Annotations
Cross references. - Revenue obligations generally, Ga. Const. 1983, Art. IX, Sec. VI. Issuance of bonds for purposes of
building, equipping, or purchasing sites for school buildings, § 20-2-430 et seq.
RESEARCH REFERENCES ALR. - What included in term ‘‘bonds’’ in will, 35 A.L.R.2d 1095.
ARTICLE 1 GENERAL PROVISIONS JUDICIAL DECISIONS Article is enabling Act. - Since Ga. Const. 1945, Art. VII, Sec. VII, Para. I (see now Ga. Const. 1983, Art. IX, Sec. V, Para. I), concerning the incurring of debts by a municipality, is not self-executing, the General Assembly passed an enabling Act (this article), putting this provision into operation. McKnight v. City of Decatur, 200 Ga. 611, 37 S.E.2d 915 (1946). It seems manifest that county board of education is proper author-
ity contemplated under provisions of this article to call, manage, consolidate, and declare the result of an election held for the purpose of incurring bonded indebtedness for building and equipping schoolhouses. Nelms v. Stephens County Sch. Dist., 201 Ga. 274, 39 S.E.2d 651 (1946) (decided prior to enactment of ‘‘Georgia Election Code,’’ T. 21, Ch. 3; see O.C.G.A. Art. 1, T. 36, Ch. 82.). Cited in Posey v. Dooly County Sch.
Dist., 215 Ga. 712, 113 S.E.2d 120 (1960); Lilly v. Crisp County Sch. Sys., 117 Ga. App. 868, 162 S.E.2d 456 (1968). OPINIONS OF THE ATTORNEY GENERAL School bond election called by county board of education may be held concur-
rently with general election. 1965 Op. Att’y Gen. No. 65-9.
RESEARCH REFERENCES ALR. - Validity, within authorized debt, tax, or voted limit, of bond issue in
excess of amount permitted by law, 175 A.L.R. 823.