§ 2-393. Bonds are negotiable instruments; exempt from taxation.  


Latest version.
  • All revenue bonds issued under the provisions of this division shall have and are hereby declared to have all the qualities and incidents or negotiable instruments under the negotiable instruments law of the state. Such bonds and the income thereof shall be exempt from all taxation within the state.

(1980 Ga. Laws (Act No. 1373), page 4488, § 8)