2010 Georgia Code 50-23-14 Case Law
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Graham W. Syfert, Esq.

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Phone: 904-383-7448
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One Click Case Law for § 50-23-14
O.C.G.A. § 50-23-13 <-- --> O.C.G.A. §50-23-15



2010 Georgia Code

TITLE 50 - STATE GOVERNMENT

CHAPTER 23 - ENVIRONMENTAL FINANCE AUTHORITY
ARTICLE 1 - ENVIRONMENTAL FINANCE AUTHORITY
PART 1 - GENERAL PROVISIONS
§ 50-23-14 - Bonds not indebtedness of state; guarantee of bonds by state

O.C.G.A. 50-23-14 (2010)
50-23-14. Bonds not indebtedness of state; guarantee of bonds by state


No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation or a pledge of the faith and credit of the State of Georgia or of its agencies; nor shall any act of the authority in any manner constitute or result in the creation of an indebtedness of the state or its agencies or a cause of action against the state or its agencies; provided, however, the state, to the extent permitted by its Constitution, may guarantee payment of such bonds, notes, or other obligations as guaranteed revenue debt.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com