Georgia § 36-80-14 - Annual sinking fund for unbonded debt.
Full text of Georgia Official Code of Georgia Annotated § 36-80-14 — Annual sinking fund for unbonded debt., with citation guidance and answers to common questions.
§ 36-80-14. Annual sinking fund for unbonded debt.
Any county, municipality, or political subdivision of this state which incurs an indebtedness under Code Sections 36-80-10 through 36-80-13 and this Code section shall, on or before so doing, or annually thereafter, provide, without incurring further debt thereby, an annual sum sufficient in amount to pay the principal and interest of the debt within 30 years from the date of the incurring of the indebtedness. (Ga. L. 1904, p. 85, § 5; Civil Code 1910, § 467; Code 1933, § 87-605; Ga. L. 1993, p. 91, § 36.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 36-80-14
What does Official Code of Georgia Annotated § 36-80-14 cover?
Section 36-80-14 ("Annual sinking fund for unbonded debt.") 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 § 36-80-14?
A common citation format is "Official Code of Georgia Annotated § 36-80-14" (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 § 36-80-14 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.