Revenue Bonds - Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds

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Prior to the preparation of definitive bonds, the authority may, under the restrictions expressed in Code Section 12-3-257, issue interim receipts, interim certificates, or temporary bonds, with or without coupons, which receipts, certificates, or temporary bonds shall be exchangeable for definitive bonds upon the issuance of the latter.

(Ga. L. 1960, p. 89, § 1.)


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