2018 Georgia Code
Title 36 - Local Government
Provisions Applicable to Municipal Corporations Only
Chapter 38 - Bonds
Article 2 - Compromise of Bonded Debt
§ 36-38-20. Authority to compromise bonded debt; rights of dissenting creditors not prejudiced

Universal Citation: GA Code § 36-38-20 (2018)
  • 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.

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