Georgia § 46-3-134 Bonds as legal investments; depositing bonds with public officers and bodies of state

Georgia Statutes

§ 46-3-134 — Bonds as legal investments; depositing bonds with public officers and bodies of state

Georgia § 46-3-134

Title46

This text of Georgia § 46-3-134 (Bonds as legal investments; depositing bonds with public officers and bodies of state) 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. § 46-3-134 (2026).

Text

The bonds authorized by this article shall be securities in which:

(1)All public officers and bodies of this state;

(2)All political subdivisions of this state;

(3)All insurance companies and associations, and other persons carrying on an insurance business;

(4)All banks, bankers, trust companies, saving banks, and savings associations, including savings and loan associations, building and loan associations, investment companies, and other persons carrying on a banking business;

(5)All administrators, guardians, executors, trustees, and other fiduciaries; and (6) All other persons whatsoever who are authorized to invest in bonds or other obligations of the state may properly and legally invest funds, including capital in their control or belonging to them. Such bonds shall also be sec

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The bonds authorized by this article shall be securities in which: (1) All public officers and bodies of this state; (2) All political subdivisions of this state; (3) All insurance companies and associations, and other persons carrying on an insurance business; (4) All banks, bankers, trust companies, saving banks, and savings associations, including savings and loan associations, building and loan associations, investment companies, and other persons carrying on a banking business; (5) All administrators, guardians, executors, trustees, and other fiduciaries; and (6) All other persons whatsoever who are authorized to invest in bonds or other obligations of the state may properly and legally invest funds, including capital in their control or belonging to them. Such bonds shall also be securities which may be deposited with and shall be received by all public officers and bodies of this state and its political subdivisions for any purpose for which deposit of the bonds or other obligations of this state is authorized.