Georgia § 36-38-3 Registration of bonds in which municipal funds invested in name of municipal corporation

Georgia Statutes

§ 36-38-3 — Registration of bonds in which municipal funds invested in name of municipal corporation

Georgia § 36-38-3

Title36

This text of Georgia § 36-38-3 (Registration of bonds in which municipal funds invested in name of municipal corporation) 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. § 36-38-3 (2026).

Text

Whenever and as soon as the sinking fund of any municipal corporation has been invested in municipal, county, state, or federal government bonds as required by Code Section 36-38-1 , the officer or officers of such municipal corporation charged with the custody of its funds and securities shall proceed forthwith to have the securities in which such funds are so invested registered in the name of the municipal corporation, provided such bonds by their terms under the conditions of their issue are capable of being registered in the name of the owner.

Free access — add to your briefcase to read the full text and ask questions with AI

Whenever and as soon as the sinking fund of any municipal corporation has been invested in municipal, county, state, or federal government bonds as required by Code Section 36-38-1 , the officer or officers of such municipal corporation charged with the custody of its funds and securities shall proceed forthwith to have the securities in which such funds are so invested registered in the name of the municipal corporation, provided such bonds by their terms under the conditions of their issue are capable of being registered in the name of the owner.