Georgia Statutes

§ 31-7-87 — Hypothecation or mortgaging of purchased hospital facilities

Georgia § 31-7-87

This text of Georgia § 31-7-87 (Hypothecation or mortgaging of purchased hospital facilities) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 31-7-87 (2026).

Text

Should an authority acquire by purchase existing hospital facilities of political subdivisions and pay the reasonable value therefor, nothing in this article shall be construed to prevent the hypothecation or mortgaging of such facilities as security for the repayment of any indebtedness which may be legally incurred by such authority.

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Bluebook (online)
Georgia § 31-7-87, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/31-7-87.