GEORGIA CODE (Last Updated: August 20, 2013) |
Title 20. EDUCATION |
Chapter 2. ELEMENTARY AND SECONDARY EDUCATION |
Article 9. LOCAL PUBLIC SCHOOL FINANCES |
Part 3. BOND ISSUES |
Subpart 2. REFUNDING BONDS |
Section 20-2-466. County-wide bonds -- Vote required to approve; issuance, sale, or exchange
Latest version.
- In the event that two-thirds of the votes cast at such election shall be in favor of refunding "outstanding schoolhouse bonds" and such two-thirds are also a majority of all the voters qualified to vote in such election, then the refunding schoolhouse bonds shall, after validation, as provided in Code Section 20-2-470 be issued, sold, or exchanged under all of the regulations now provided for the sale of county bonds under Code Section 20-2-430 or provided in this subpart for the sale or exchange of such refunding bonds.
Ga. L. 1937, p. 869, § 4.