GEORGIA CODE (Last Updated: August 20, 2013) |
Title 20. EDUCATION |
Chapter 2. ELEMENTARY AND SECONDARY EDUCATION |
Article 9. LOCAL PUBLIC SCHOOL FINANCES |
Part 1. BORROWING FOR OPERATING EXPENSES |
Section 20-2-392. Duration of loan; repayment
Latest version.
- No money shall be borrowed for any longer time than is necessary, and it shall be paid back out of any funds of the county school superintendent that can be legally applied to the payment of the loan.
Ga. L. 1919, p. 288, § 97; Code 1933, § 32-923.