Home/Georgia/Statutes/Title: 46/§ 46-9-330
Georgia Statutes

§ 46-9-330 — Indebtedness not obligation of state or political subdivision

Georgia·Title 46
No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation of the State of Georgia or any county, municipal corporation, or political subdivision thereof nor shall any act of the authority in any manner constitute or result in the creation of an indebtedness of the state or any such county, municipal corporation, or political subdivision. No holder or holders of any such bonds, notes, or other obligations shall ever have the right to compel any exercise of the taxing power of the state or any county, municipal corporation, or political subdivision thereof nor to enforce the payment thereof against the state or any such county, municipal corporation, or political subdivision.

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

Georgia § 46-9-330 (Indebtedness not obligation of state or political subdivision) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
§ 46-1-1
Definitions
§ 46-1-2
Measure of damages for wrongs and injuries by railroad companies generally; venue for actions against railroad companies and electric companies generally
§ 46-1-3
Applicability of powers granted by title to other companies or entities regulated by commission
§ 46-1-4
Applicability of title to carriers engaged in interstate commerce
§ 46-1-5
Duties of Department of Human Services with regard to assistance to low or fixed income consumers of gas and electric service
§ 46-1-6
Governmental entities prohibited from restricting utility service connection or sale of fuels based on type; ability to choose utility service
§ 46-10-1
through 46-10-9 - Reserved
§ 46-11-1
through 46-11-6 - [Repealed]
§ 46-2-1
Election of Commissioners; terms of office
§ 46-2-1-1
Elections for Public Service Commission Districts 2, 3, and 5
§ 46-2-10
Payment of special fee by corporations and utilities subject to jurisdiction of commission; notice of amount due; procedure on default
§ 46-2-2
Qualifications of Commissioners; restriction on any interest in companies under jurisdiction of commission; disqualification of Commissioner
§ 46-2-20
Jurisdiction of commission generally; powers and duties of commission generally
§ 46-2-20-1
Electric vehicle charging services; operation
§ 46-2-21
Extension of commission's powers and duties to street railroads, telegraph companies, telephone companies, and gas and electric light and power companies
View on official source ↗