Georgia Statutes
§ 36-91-71 — Acceptable substitutes for bond
Georgia § 36-91-71
JurisdictionGeorgia
Title36
This text of Georgia § 36-91-71 (Acceptable substitutes for bond) 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. § 36-91-71 (2026).
Text
When the amount of the performance bond required under this article does not exceed $750,000.00, the governmental entity may, in its sole discretion, accept an irrevocable letter of credit by a bank or savings and loan association, as defined in Code Section 7-1-4 , in the amount of and in lieu of the bond otherwise required under this article.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by 2007 Ga. Laws 122,§ 2, eff. 7/1/2007. Former § 36-91-71 was renumbered as § 36-91-91 by 2001 Ga. Laws 261, § 12, eff. 7/1/2001. Renumbered from § 36-91-51 by 2001 Ga. Laws 261, § 12, eff. 7/1/2001.
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Georgia § 36-91-71, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/36-91-71.