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Georgia Statutes

§ 36-38-2 — Sale of municipal bonds and use of proceeds for retirement of earlier bonds

Georgia § 36-38-2
JurisdictionGeorgia
Title36

This text of Georgia § 36-38-2 (Sale of municipal bonds and use of proceeds for retirement of earlier bonds) 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. § 36-38-2 (2026).

Text

Whenever a municipal corporation invests its sinking fund in bonds issued by itself, if such bonds mature at a date beyond the maturity of other bonds of such municipal corporation such later bonds may be sold by the municipal corporation or the sinking fund commission and the funds therefrom used to retire earlier municipal bonds as they mature.

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Bluebook (online)
Georgia § 36-38-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/36-38-2.