One Click Case Law for § 31-7-79
O.C.G.A. § 31-7-78 <-- --> O.C.G.A. §31-7-8

2010 Georgia Code

TITLE 31 - HEALTH

CHAPTER 7 - REGULATION AND CONSTRUCTION OF HOSPITALS AND OTHER HEALTH CARE FACILITIES
ARTICLE 4 - COUNTY AND MUNICIPAL HOSPITAL AUTHORITIES
§ 31-7-79 - Liability on revenue certificates; tax exemption

O.C.G.A. 31-7-79 (2010)
31-7-79. Liability on revenue certificates; tax exemption


Neither the members of an authority nor any person executing certificates on behalf of an authority shall be personally liable thereon by reason of the issuance thereof. The certificates and other obligations of an authority shall not be, and shall so state on the face thereof, a debt of the city, the county, the state or any political subdivision thereof, or any combination of subdivisions acting jointly as provided in this article. Certificates of any authority are declared to be issued for an essential public and governmental purpose and, together with interest thereon and income therefrom, shall be exempt from all taxes.