Sponsoring governmental unit requirement
— Code 1981, § 36-82-221, enacted by Ga
No local authority shall issue or be a grantor of a trust which issues any obligations to finance or refinance any real or personal property to
be owned, leased, or operated by any governmental unit which is not a sponsoring governmental unit of such local authority.
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.