Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 36-39-26: Local Government — O.C.G.A. § 36-39-26
What this law says, in plain English
Bonds issued by local government must be sold at or above par value, with proceeds used for contract payments and related expenses. Bonds may alternatively be given to contractors at par value as payment, with remaining bonds sold as directed.
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