Statutes > Georgia Statutes > TITLE 20 - EDUCATION > CHAPTER 3 - POSTSECONDARY EDUCATION > ARTICLE 5 - GEORGIA EDUCATION AUTHORITY (UNIVERSITY) > § 20-3-157 - Bonds negotiable; exemption of bonds from taxation

§ 20-3-157 - Bonds negotiable; exemption of bonds from taxation

O.C.G.A. 20-3-157 (2010)
20-3-157. Bonds negotiable; exemption of bonds from taxation


All revenue bonds issued under this article shall have all the qualities and incidents of negotiable instruments under Article 8 of Title 11. Such bonds and the income thereof shall be exempt from all taxation within the state.