GEORGIA CODE (Last Updated: August 20, 2013) |
Title 20. EDUCATION |
Chapter 3. POSTSECONDARY EDUCATION |
Article 2. BOARD OF REGENTS AND UNIVERSITY SYSTEM |
Part 2. UNIVERSITY SYSTEM |
Section 20-3-64. Issuing state bonds to redeem obligations of university system -- Option of regents; compliance with constitutional sinking fund provisions
Latest version.
- For the redemption of any valid matured bond of this state presented as the property of the university system, bonds may be issued at the option of the board of regents as provided in Code Section 20-3-63; provided, however, that this Code section shall not be operative in any year until the constitutional sinking fund redemptions have been made for that year.
Ga. L. 1935, p. 170, § 4.