Counties, municipalities, county boards of education, and other political subdivisions of the state which are authorized to levy taxes shall have the power and authority, within the limitations prescribed by Article IX, Section V, Paragraph V of the Constitution of Georgia, to issue notes, certificates, or other evidence of indebtedness in anticipation of the collection of taxes levied or to be levied during the calendar year.
O.C.G.A. § 36-80-2
Power to issue notes, certificates, and other evidence of indebtedness in anticipation of taxes
Applied in 1 court decision — leading case Lightfoot v. Henry County School District (2014)
Most recently applied in Lightfoot v. Henry County School District (November 2014)
— Ga
Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.