Obligations of Authority Are Negotiable Instruments

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Notwithstanding Code Sections 20-3-340 through 20-3-348 or any recitals in any obligations issued by the authority under this subpart, all such obligations and interest coupons appertaining thereto shall be and are made negotiable instruments under the laws of the state, subject only to any applicable provisions for registration.

(Ga. L. 1969, p. 683, § 24; Code 1933, § 32-3735, enacted by Ga. L. 1980, p. 835, § 3.)

Cross references.

- Investment securities, § 11-8-101 et seq.


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