TITLE 36 LOCAL GOVERNMENT

Chapter 82 information not found

ARTICLE 2 VALIDATION OF BONDS

36-82-41. Furnishing of indemnity bond by holder.

The holder of any bond or bonds described in Code Section 36-82-40 who desires to have the same validated shall first enter into an obligation with sufficient security to indemnify the county, municipality, or political subdivision issuing the bond or bonds desired to be validated against all court costs and other expenses incident to the validating proceedings, the sufficiency of the surety on such obligation to be approved by the executive officer or officers of the county, municipality, or political subdivision.

(Ga. L. 1908, p. 72, § 2; Civil Code 1910, § 454; Code 1933, § 87-402.)