Revenue Bonds - Status as Negotiable Instruments

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All revenue bonds issued under this part shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments law of the state.

(Ga. L. 1950, p. 152, § 16; Ga. L. 1960, p. 89, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 64 Am. Jur. 2d, Public Securities and Obligations, § 32.

C.J.S.

- 81A C.J.S., States, §§ 446, 447.

ALR.

- Bond or warrant of governmental subdivision as subject of taxation or exemption, 44 A.L.R. 510.


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