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Section 36-82-221 - Sponsoring governmental unit requirement — Georgia Law | CourtGPT
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  2. Laws/
  3. Georgia/
  4. Title 36 - Local Government Provisions Applicable to Counties Only (§§ 36-1-1 — 36-23-01)/
  5. Provisions Applicable to Counties Municipal Corporations and Other Governmental Entities/
  6. Chapter 82 - Bonds/
  7. Article 9 - Trusts/
  8. Section 36-82-221 - Sponsoring governmental unit requirement
Georgia Legal Code

Section 36-82-221 - Sponsoring governmental unit requirement

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No local authority shall issue or be a grantor of a trust which issues any obligations to finance or refinance any real or personal property to be owned, leased, or operated by any governmental unit which is not a sponsoring governmental unit of such local authority.