Georgia § 12-3-449 - Authority and property exempt from taxation, levy and sale, garnishment, and attachment.
Full text of Georgia Official Code of Georgia Annotated § 12-3-449 — Authority and property exempt from taxation, levy and sale, garnishment, and attachment., with citation guidance and answers to common questions.
§ 12-3-449. Authority and property exempt from taxation, levy and sale, garnishment, and attachment.
As the authority will be performing valuable charitable and public functions and purposes in the exercise of the powers conferred upon it, the authority shall be required to pay no taxes or assessments by the state or by any county, municipality, authority, or political subdivision of this state upon any of the real or personal property acquired by it, or upon its activities in the operation or maintenance of any facility maintained or acquired by it, or upon any fees, rentals, or other charges for the use of such property or facilities, or upon any other income received by the authority. The said property, facilities, fees, rentals, charges, and income of the authority is exempt from levy and sale, garnishment, and attachment. (Code 1981, § 12-3-449 , enacted by Ga. L. 1983, p. 623, § 1.) Code Commission notes. - Pursuant to Code Section 28-9-5, in 1992, a comma was inserted following "garnishment" in the second sentence.
Frequently Asked Questions About Georgia § 12-3-449
What does Official Code of Georgia Annotated § 12-3-449 cover?
Section 12-3-449 ("Authority and property exempt from taxation, levy and sale, garnishment, and attachment.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 12-3-449?
A common citation format is "Official Code of Georgia Annotated § 12-3-449" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 12-3-449 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.