Georgia Code
Article 3 - State Depositories
§ 50-17-59. Deposit of Securities in Lieu of Bond

History. Ga. L. 1893, p. 135, § 1; Civil Code 1895, § 989; Civil Code 1910, § 1256; Ga. L. 1931, p. 120, § 1; Code 1933, § 100-108; Ga. L. 1935, p. 106, § 1; Ga. L. 1953, Nov.-Dec. Sess., p. 483, § 1; Ga. L. 1968, p. 485, § 1; Ga. L. 1970, p. 467, § 1; Ga. L. 1971, p. 553, § 6; Ga. L. 1973, p. 149, § 6; Ga. L. 1975, p. 917, § 1; Ga. L. 1976, p. 769, § 1; Ga. L. 1979, p. 399, § 1; Ga. L. 1991, p. 94, § 50; Ga. L. 1993, p. 929, § 4; Ga. L. 1994, p. 499, § 2; Ga. L. 2007, p. 162, § 1/HB 96; Ga. L. 2010, p. 863, § 4/SB 296.
Law reviews.
For article, “Tax-exempt Financing of Private Business: Structural Approaches,” see 16 Ga. St. B. J. 8 (1979).

Structure Georgia Code

Georgia Code

Title 50 - State Government

Chapter 17 - State Debt, Investment, and Depositories

Article 3 - State Depositories

§ 50-17-50. Creation of State Depository Board; Membership; Quorum; Assignment for Administrative Purposes

§ 50-17-50.1. Authority to Vote

§ 50-17-51. Meetings of State Depository Board; Records; List of Deposits; Interest Policy; Cash Management Policies and Procedures

§ 50-17-52. Contracts for Interest on Deposits; Authority to Remove Deposits

§ 50-17-53. Authority to Determine Amount to Be Deposited; Deposit Security Required

§ 50-17-54. Monitoring Financial Condition of Depositories; Action in Case of Insolvency of Depository

§ 50-17-55. Absolute Discretion of State Depository Board in Performance of Duties

§ 50-17-56. State Treasurer to Make Deposits in Compliance With Board’s Determinations

§ 50-17-57. State Treasurer to Make Reports

§ 50-17-58. Execution of Bonds by Depositories

§ 50-17-59. Deposit of Securities in Lieu of Bond

§ 50-17-60. Governor to Sell Bonds to Reimburse State for Any Default

§ 50-17-61. Procedure for Relief of Bond Sureties

§ 50-17-62. Funds to Be Held by Depositories

§ 50-17-63. Deposit of Demand Funds; Investment of Funds; Reports; Remittance of Interest Earned; Motor Fuel Tax Revenues

§ 50-17-64. Depositories Required to Furnish Monthly Statements

§ 50-17-65. State Officials to Notify Depositories of Any Unauthorized Signatures or Alterations; Notification in Lieu of Other Obligations to Notify; Assent to Provisions by Depositories

§ 50-17-66. State Officer Not to Receive Commission, Interest, Compensation, or Reward for Depositing State Money

§ 50-17-67. Depositories to Serve Without Definite Term or Salary or Fees; Exception