Georgia § 52-2-29 Revenue bonds - Status of bonds as legal investments and as securities for deposits

Georgia Statutes

§ 52-2-29 — Revenue bonds - Status of bonds as legal investments and as securities for deposits

Georgia § 52-2-29

Title52

This text of Georgia § 52-2-29 (Revenue bonds - Status of bonds as legal investments and as securities for deposits) 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. § 52-2-29 (2026).

Text

(a)The bonds authorized in this chapter are made securities in which:

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

(2)All municipalities and all municipal subdivisions;

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

(4)All banks, bankers, trust companies, savings 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.

(b)The bonds a

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

(a) The bonds authorized in this chapter are made securities in which: (1) All public officers and bodies of this state; (2) All municipalities and all municipal subdivisions; (3) All insurance companies and associations and other persons carrying on an insurance business; (4) All banks, bankers, trust companies, savings 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. (b) The bonds authorized in this chapter are also made securities which may be deposited with and shall be received by all public officers and bodies of this state and all municipalities and municipal subdivisions for any purpose for which the deposit of the bonds or other obligations of this state is authorized.