Georgia § 36-82-66 - Governmental liability for payment of bonds; recitation on bond.
Full text of Georgia Official Code of Georgia Annotated § 36-82-66 — Governmental liability for payment of bonds; recitation on bond., with citation guidance and answers to common questions.
§ 36-82-66. Governmental liability for payment of bonds; recitation on bond.
Revenue bonds issued under this article shall not be payable from or charged upon any funds other than the revenue pledged to the payment thereof, nor shall the governmental body issuing the same be subject to any pecuniary liability thereon. No holder or holders of any such bonds shall ever have the right to compel any exercise of the taxing power of the governmental body to pay any such bonds or the interest thereon, nor to enforce payment thereof against any property of the governmental body; nor shall any such bonds constitute a charge, lien, or encumbrance, legal or equitable, upon any property of the governmental body. Every bond issued under this article shall contain a recital setting forth the substance of this Code section. (Ga. L. 1937, p. 761, § 7.) Law reviews. - For note, "If You (Pay To) Build It, They Will Come: Rethinking Publicly-Financed Professional Sports Stadiums after the Atlanta Braves Deal with Cobb County," see 53 Ga. L. Rev. 409 (2018).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 36-82-66
What does Official Code of Georgia Annotated § 36-82-66 cover?
Section 36-82-66 ("Governmental liability for payment of bonds; recitation on bond.") 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 § 36-82-66?
A common citation format is "Official Code of Georgia Annotated § 36-82-66" (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 § 36-82-66 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.