The Governor and the Office of the State Treasurer are authorized and directed to issue to the board of regents the state’s obligation in the form of nonnegotiable bonds to become due 50 years from the date of issue and bearing interest at the rate of 4 1/4 percent per annum payable semiannually on January 1 and July 1 of each year in redemption of obligations of the state as provided in Code Section 20-3-64.
History. Ga. L. 1898, p. 68, § 1; Civil Code 1910, § 1395; Ga. L. 1931, p. 7, § 48; Code 1933, § 32-134; Ga. L. 1935, p. 170, § 1; Ga. L. 1972, p. 1015, § 408B; Ga. L. 1993, p. 1402, § 18; Ga. L. 2010, p. 863, § 2/SB 296.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 2 - Board of Regents and University System
§ 20-3-50. Institutions in System
§ 20-3-51. Regents to Govern System
§ 20-3-52. Continuation of Acts as to University of Georgia
§ 20-3-53. Authority to Allocate Appropriations Among Institutions
§ 20-3-54. Use of Funds Donated for Particular Institution
§ 20-3-55. Payment of Appropriations; Bond of Official Receiving Funds; Use of Fees by Institutions
§ 20-3-56. Trust Funds or Property Vested in Regents on Behalf of Particular Institution
§ 20-3-57. Property of Institutions Vested in Regents Separately
§ 20-3-58. Condemnation of Private or Public Property for System
§ 20-3-59. Power of Local School Boards to Add Facilities to University System; Bond Issues
§ 20-3-61. How Conveyances Executed
§ 20-3-62. Use of Proceeds From Conveyances
§ 20-3-63. Refunding State Obligations Held by Regents — Authority to Issue Bonds
§ 20-3-65. No Exclusion From University of Georgia for Religious Beliefs
§ 20-3-66. Determination of In-State Resident Status of Students for Tuition or Fees
§ 20-3-68. Instruction in Essentials of United States and Georgia History and Constitutions
§ 20-3-69. Chancellor of System May Appear Before General Assembly
§ 20-3-71. Nuclear Facility Liability Insurance for Schools Under Regents
§ 20-3-72. Arrest Powers of Campus Policemen and Security Personnel
§ 20-3-73. Director of Agricultural Matters
§ 20-3-73.1. Georgia Agrirama Designated as State Museum of Agriculture
§ 20-3-73.2. Continuation of Authority; Governance of Museum; Transfer of Assets
§ 20-3-73.3. Georgia Southern University Herty Advanced Materials Development Center
§ 20-3-74. Advisory Board of College of Veterinary Medicine — Creation; Officers; Meetings
§ 20-3-76. Advisory Board of the College of Veterinary Medicine — Reports to General Assembly
§ 20-3-77. Coordination of Education Encouraging Development of Small Business
§ 20-3-78. Athletic Associations — Corporate Nature
§ 20-3-80. Athletic Associations — Agreements as to Use of State Property
§ 20-3-82. Georgia Eminent Scholars Endowment Trust Fund
§ 20-3-83. Deductions for Contributions or Dues to Interdisciplinary Charitable Associations
§ 20-3-85. Study Examining Postsecondary Text Availability in Alternative Formats
§ 20-3-87. Requirement to Join Professional Association as a Condition of Enrollment Prohibited