Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 20-2-460: Education — O.C.G.A. § 20-2-460
What this law says, in plain English
If a schoolhouse bond holder refuses to exchange their bond for refunding bonds, the school district must establish a sinking fund from refunding bond proceeds to retire the old bonds at maturity and pay accrued interest.
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