Authorization to Incur Unbonded Debt Following Favorable Vote

Checkout our iOS App for a better way to browser and research.

When the notice is given and the election is held in accordance with Code Section 36-80-12, if the requisite majority of the qualified voters of the county, municipality, or political subdivision voting at the election vote for incurring the debt, the authority to incur the debt in accordance with Article IX, Section V, Paragraph I or II of the Constitution of Georgia is given to the proper officers of the county, municipality, or political subdivision.

(Ga. L. 1904, p. 85, § 3; Civil Code 1910, § 465; Code 1933, § 87-604; Ga. L. 1983, p. 3, § 57.)

OPINIONS OF THE ATTORNEY GENERAL

Counties and municipalities may incur debts, including bank loans, if approved by a majority of qualified voters, as Ga. Const. 1976, Art. IX, Sec. VII, Para. I (see now Ga. Const. 1983, Art. IX, Sec. V, Paras. I and II), amended the two-thirds vote requirement in the statute to require only a simple majority. 1977 Op. Att'y Gen. No. 77-51.

RESEARCH REFERENCES

ALR.

- Inclusion in assessment for public improvement of amount to cover delinquencies as contrary to constitutional guaranties, 40 A.L.R. 1352; 42 A.L.R. 1185.


Download our app to see the most-to-date content.