GEORGIA CODE (Last Updated: August 20, 2013) |
Title 36. LOCAL GOVERNMENT |
Provisions PROVISIONS APPLICABLE TO COUNTIES, MUNICIPAL CORPORATIONS, AND OTHER GOVERNMENTAL ENTITIES |
Chapter 82. BONDS |
Article 11. INTEREST RATE MANAGEMENT AGREEMENTS |
Section 36-82-255. Applicability of Georgia law; jurisdiction
Latest version.
- When entering into any qualified interest rate management agreement authorized under this article, the agreement shall be governed by the laws of the State of Georgia, and jurisdiction over the local governmental entity in any matter concerning a qualified interest rate management agreement shall lie exclusively in the courts of the State of Georgia or in the applicable federal court having jurisdiction and located within the State of Georgia.
Code 1981, § 36-82-255, enacted by Ga. L. 2005, p. 642, § 1/SB 227.