Georgia § 20-2-456 - Elections to approve refunding, retiring, or refinancing outstanding district bonds - Vote required; declaration of favorable result; issuance of refunding bonds.
Full text of Georgia Official Code of Georgia Annotated § 20-2-456 — Elections to approve refunding, retiring, or refinancing outstanding district bonds - Vote required; declaration of favorable result; issuance of refunding bonds., with citation guidance and answers to common questions.
§ 20-2-456. Elections to approve refunding, retiring, or refinancing outstanding district bonds - Vote required; declaration of favorable result; issuance of refunding bonds.
In the event that two-thirds of the votes cast at an election held as provided in Code Sections 20-2-451 through 20-2-455 are in favor of refunding "outstanding schoolhouse bonds" and such two-thirds are also a majority of all the voters qualified to vote in the election, then the officials as named in Code Sections 20-2-451 through 20-2-455 shall so declare the result; and such officials shall have the power and authority, after validation as provided in Code Section 20-2-470, to issue such refunding schoolhouse bonds for sale or exchange for the purpose of retiring the outstanding schoolhouse bonds in the district under all of the regulations now provided by law for school district bonds. (Ga. L. 1937, p. 869, § 5.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 20-2-456
What does Official Code of Georgia Annotated § 20-2-456 cover?
Section 20-2-456 ("Elections to approve refunding, retiring, or refinancing outstanding district bonds - Vote required; declaration of favorable result; issuance of refunding bonds.") 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 § 20-2-456?
A common citation format is "Official Code of Georgia Annotated § 20-2-456" (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 § 20-2-456 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.