Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)

O.C.G.A. § 50-17-29: State Government — O.C.G.A. § 50-17-29

What this law says, in plain English

This statute establishes that Georgia's public debt is backed by state credit and taxing power, exempts debt interest from taxation, makes debt negotiable instruments, and authorizes various public and private entities to invest in and hold the state's general obligation and guaranteed revenue debt.

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