Long-term notes secured by real estate and held by the authority or its assignees shall be exempt from the intangible recording tax imposed by Article 3 of Chapter 6 of Title 48.
History. Code 1981, § 50-10-7 , enacted by Ga. L. 1986, p. 705, § 4.
Structure Georgia Code
Chapter 10 - Georgia Development Authority
§ 50-10-3. Creation of Authority; Administration by Agriculture Department
§ 50-10-6. Exemption From Taxation
§ 50-10-7. Certain Notes Exempt From Intangible Tax
§ 50-10-8. Approval of Bond Issues by Financing and Investment Commission