Statutes, codes, and regulations
CODE OF GEORGIA
Title 36 - LOCAL GOVERNMENTPROVISIONS APPLICABLE TO MUNICIPAL CORPORATIONS ONLYChapter 38 - BONDS
Article 2 - COMPROMISE OF BONDED DEBT
Section 36-38-20 - Authority to compromise bonded debt; rights of dissenting creditors not prejudiced

Ga. Code § 36-38-20

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Current through 2023-2024 Legislative Session Chapter 709
Section 36-38-20 - Authority to compromise bonded debt; rights of dissenting creditors not prejudiced

The authorities of any municipal corporation of this state are authorized to compromise their bonded debt, in accordance with this article, provided that this article shall not be construed to prejudice the rights of such creditors as may refuse to assent to the compromise.

OCGA § 36-38-20