Statutes > Georgia Statutes > TITLE 12 - CONSERVATION AND NATURAL RESOURCES > CHAPTER 3 - PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION > ARTICLE 6 - MEMORIALS > PART 4 - STONE MOUNTAIN MEMORIAL ASSOCIATION > § 12-3-204 - Revenue bonds -- Status as negotiable instruments; tax exemption for bonds and income therefrom

§ 12-3-204 - Revenue bonds -- Status as negotiable instruments; tax exemption for bonds and income therefrom

O.C.G.A. 12-3-204 (2010)
12-3-204. Revenue bonds -- Status as negotiable instruments; tax exemption for bonds and income therefrom


All bonds issued under this part shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments laws of this state. Such bonds and the income thereof shall be exempt from all taxation within the state.