Georgia Statutes
§ 50-23-14 — Bonds not indebtedness of state; guarantee of bonds by state
Georgia·Title 50
No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation or a pledge of the faith and credit of the State of Georgia or of its agencies; nor shall any act of the authority in any manner constitute or result in the creation of an indebtedness of the state or its agencies or a cause of action against the state or its agencies; provided, however, the state, to the extent permitted by its Constitution, may guarantee payment of such bonds, notes, or other obligations as guaranteed revenue debt.
Free access — add to your briefcase to read the full text and ask questions with AI
Georgia § 50-23-14 (Bonds not indebtedness of state; guarantee of bonds by state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 50-1-1
Agency mailing lists; updating; restriction on mailing materials to officials no longer in office§ 50-1-3
Poet laureate§ 50-1-4
Employment position to remain open upon granting of involuntary separation benefits by state agency§ 50-1-9
Replacement of state licenses, identification cards, and other documents after natural disaster§ 50-10-1
Short title§ 50-10-10
Liberal construction