The proceeds of any bonds issued by any county, municipal corporation, school district, or other political subdivision of this state or any portion thereof or any authority or other public body corporate and politic created under the Constitution or laws of this state may, from time to time, be placed for investment and reinvestment in the local government investment pool created in Chapter 83 of this title by the governing authorities of the county, municipal corporation, school district, political subdivision, authority, or body or be invested and reinvested by the governing authorities of the county, municipal corporation, school district, political subdivision, authority, or body in the following securities, and no others:
History. Ga. L. 1947, p. 1173, § 1; Ga. L. 1969, p. 961, § 1; Ga. L. 1976, p. 400, § 1; Ga. L. 1982, p. 3, § 36; Ga. L. 1985, p. 1461, § 1; Ga. L. 1987, p. 334, § 1; Ga. L. 1991, p. 338, § 1; Ga. L. 1992, p. 6, § 36; Ga. L. 2010, p. 404, § 2/SB 369.
Cross references.
Authorized investments of counties, municipalities, and other entities, generally, § 36-83-4 .
Code Commission notes.
Pursuant to Code Section 28-9-5, in 1987, a comma was inserted following the second “authority” in the introductory language.
Structure Georgia Code
Article 1 - General Provisions
§ 36-82-2. Voting in Election for Bonded Debt; Returns and Declaration of Election Result
§ 36-82-4. Action for Collection of Bonds by Holders
§ 36-82-4.2. Expenditure of Bond Funds for Purposes Other Than Stated in Public Bond Notice
§ 36-82-5. Destruction of Unsold Bonds
§ 36-82-7. Authorized Investments for Bond Proceeds
§ 36-82-7.1. Assessment and Collection of Tax to Pay Refunding Bonds
§ 36-82-8. Deduction of Sinking Fund in Computing Bonded Indebtedness
§ 36-82-9. Certification Requirement for Pension Obligation Bonds; Requirement for Reserve Fund