When the contract has been made and approved as provided in Code Sections 20-2-432 and 20-2-433, then the authorities of the county and municipality having charge of their fiscal affairs may issue bonds for their proportion of the cost of such buildings, as agreed on, in the manner provided by law for the issuance of bonds by a county or municipality; and the call for election shall provide that if the other contracting party shall fail to carry an election for bonds for the same purpose, the election for bonds provided for in the call, even if carried, shall not be effective and that all previous acts in connection with the issuance of the bonds shall, in such event, be void and of no effect.
History. Ga. L. 1923, p. 98, § 3; Code 1933, § 32-1406.
Structure Georgia Code
Chapter 2 - Elementary and Secondary Education
Article 9 - Local Public School Finances
Subpart 1 - County, District, and Joint High School Bonds
§ 20-2-430. Issuance and Retirement of County Schoolhouse Bonds
§ 20-2-431. Division of County Into Schoolhouse Districts; Issuance and Retirement of District Bonds
§ 20-2-432. Joint County-City High Schools — Power to Contract for Building and Maintenance
§ 20-2-436. Provisions of Code Sections 20-2-432 Through 20-2-435 Cumulative