Issuance of Bonds

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The governing body of any municipality or county, pursuant to law, may provide that the bonds of the municipality or county may be issued, in the manner provided by law for the issuance of bonds for other purposes, for the purpose of acquiring lands or buildings for parks, playgrounds, recreation centers, and other recreational purposes and for the equipment thereof.

(Ga. L. 1923, p. 106, § 7; Code 1933, § 69-607; Ga. L. 1946, p. 152, § 7.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 56 Am. Jur. 2d, Municipal Corporations, Counties, and Other Political Subdivisions, §§ 549, 562. 59 Am. Jur. 2d, Parks, Squares, and Playgrounds, § 12. 64 Am. Jur. 2d, Public Securities and Obligations, §§ 88, 89.

C.J.S.

- 64A C.J.S., Municipal Corporations, §§ 2122, 2123.

ALR.

- Assignment and transfer of government bonds, 22 A.L.R. 775.


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