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 20-2-396. Use of borrowed money
Latest version.
- When any money shall be borrowed under this part, it shall be paid over to the county school superintendent and become a part of the public school fund of the county. The superintendent shall be responsible for any money borrowed and received under the authority of this part in the same way and to the same extent that he is responsible for any other public schools funds.
Ga. L. 1919, p. 288, § 101; Code 1933, § 32-927; Ga. L. 1964, p. 169, § 1.