O.C.G.A.
O.C.G.A. § 50-9-33 (2019)
Negotiable instruments; exempt from taxation
✓ 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.
Find cases:
SyfertCases citing this section
GA-LEGlegis.ga.gov (official)
JustiaJustia
CornellLII Search
CasesGoogle Scholar
All revenue bonds issued under this article and Article 1 of this chapter shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments law of the state. The bonds and the income therefrom shall be exempt from all taxation within the state.
History
Ga. L. 1951, p. 699, § 8.
Annotations
RESEARCH REFERENCES Am. Jur. 2d. 64 Am. Jur. 2d, Public Securities and Obligations, § 206. 71 Am. Jur. 2d, State and Local Taxation, § 253. C.J.S. 11 C.J.S., Bonds, § 61. 81A C.J.S.,
States, §§ 458, 459. 84 C.J.S., Taxation, § 282. ALR. Bond or warrant of governmental subdivision as subject of taxation or exemption, 44 A.L.R. 510.