§ 2-270. Same—Negotiability; exemption from taxation.

Latest version.

All revenue bonds issued under the provisions of this Act shall have and are declared to have all the qualities and incidents of negotiable instruments under the laws of this state. Such bonds are declared to be issued for an essential public and governmental purpose and such bonds and the interest thereon shall be exempt from all taxation within the state.

(1999 Ga. Laws (Act No. 283, page 4815, § 10)

                    
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