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O.C.G.A. § 50-32-36 — State immune from obligations or indebtedness created by authority | Georgia Code
O.C.G.A. § 50-32-36 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 50 STATE GOVERNMENT

Section 32. Georgia Regional Transportation Authority, 50-32-1 through 50-32-71.

ARTICLE 3 FUNDING

50-32-36. State immune from obligations or indebtedness created by authority.

No bonds, notes, or other obligations of and no indebtedness incurred by the authority, other than guaranteed revenue bonds, shall constitute an indebtedness or obligation or a pledge of the faith and credit of the State of Georgia or of its agencies; nor shall any act of the authority in any manner constitute or result in the creation of an indebtedness of the state or its agencies or a cause of action against the state or its agencies; provided, however, the state, to the extent permitted by its Constitution, may guarantee payment of such bonds, notes, or other obligations as guaranteed revenue debt.

(Code 1981, §50-32-36, enacted by Ga. L. 1999, p. 112, § 7.)

Cases Citing O.C.G.A. § 50-32-36

O.C.G.A. § 50-32-36 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

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This Georgia Code resource is curated by Graham Syfert, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.