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O.C.G.A. § 52-2-18 — Revenue bonds - Status of bonds as negotiable instruments; tax exemption for bonds and for income therefrom | Georgia Code
O.C.G.A. § 52-2-18 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 52 WATERS OF THE STATE, PORTS, AND WATERCRAFT

Section 2. Georgia Ports Authority, 52-2-1 through 52-2-39.

ARTICLE 2 RIGHT OF PASSAGE

52-2-18. Revenue bonds - Status of bonds as negotiable instruments; tax exemption for bonds and for income therefrom.

All revenue bonds issued under this chapter shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments laws of the state. Such bonds and the income therefrom shall be exempt from all taxation within the state.

(Ga. L. 1945, p. 464, § 5.)

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This Georgia Code resource is curated by this site's author, 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.