Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 32-10-40: Highways, Bridges, and Ferries — O.C.G.A. § 32-10-40
What this law says, in plain English
This statute authorizes highway authorities to issue bonds secured by trust indentures with banks or trust companies, and permits bond resolutions to include protections for bondholders and enforcement mechanisms for collecting revenues if the authority defaults.
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