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 20-2-393. Interest
Latest version.
- Any county board of education borrowing money under this part shall borrow it at as low a rate of interest as possible. The county board is authorized to pay the interest on the money out of the public school fund for the county.
Ga. L. 1919, p. 288, § 98; Code 1933, § 32-924.