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O.C.G.A. § 7-1-957 — State indebtedness not to be created | Georgia Code

O.C.G.A. § 7-1-957 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 7 BANKING AND FINANCE

Section 1. Financial Institutions, 7-1-1 through 7-1-1021.

ARTICLE 12 SMALL MINORITY BUSINESS DEVELOPMENT CORPORATIONS

7-1-957. State indebtedness not to be created.

Under no circumstances shall the credit of the State of Georgia be pledged to any corporation organized under this article nor shall acts of such corporation in any manner constitute or result in the creation of any indebtedness of the State of Georgia or any county or municipal corporation therein.

(Code 1981, §7-1-957, enacted by Ga. L. 1988, p. 804, § 1.)

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