State Codes and Statutes

Statutes > Georgia > Title-20 > Chapter-3 > Article-5 > 20-3-157

O.C.G.A. 20-3-157 (2010)
20-3-157. Bonds negotiable; exemption of bonds from taxation

All revenue bonds issued under this article shall have all the qualities and incidents of negotiable instruments under Article 8 of Title 11. Such bonds and the income thereof shall be exempt from all taxation within the state.

State Codes and Statutes

Statutes > Georgia > Title-20 > Chapter-3 > Article-5 > 20-3-157

O.C.G.A. 20-3-157 (2010)
20-3-157. Bonds negotiable; exemption of bonds from taxation

All revenue bonds issued under this article shall have all the qualities and incidents of negotiable instruments under Article 8 of Title 11. Such bonds and the income thereof shall be exempt from all taxation within the state.