Georgia § 50-23-20 - Withholding state funds from local governments or nongovernmental entities failing to collect and remit amounts when due.
Full text of Georgia Official Code of Georgia Annotated § 50-23-20 — Withholding state funds from local governments or nongovernmental entities failing to collect and remit amounts when due., with citation guidance and answers to common questions.
§ 50-23-20. Withholding state funds from local governments or nongovernmental entities failing to collect and remit amounts when due.
In the event of a failure of any local government or nongovernmental entity to collect and remit in full all amounts due to the authority and all amounts due to others, which involve the credit or guarantee of the authority or of the state, on the date such amounts are due under the terms of any bond, revenue bond, note, or other obligation of the local government or nongovernmental entity, it shall be the duty of the authority to notify the state treasurer who shall withhold all funds of the state and all funds administered by the state, its agencies, boards, and instrumentalities allotted to such local government or nongovernmental entity until such local government or nongovernmental entity has collected and remitted in full all sums due and cured or remedied all defaults on any such bond, revenue bond, note, or other obligation. Nothing contained in this Code section shall mandate the withholding of funds allocated to a local government or nongovernmental entity which would violate contracts to which the state is a party, the requirements of federal law imposed on the state, or judgments of any court binding the state. (Code 1981, § 50-23-20 , enacted by Ga. L. 1986, p. 569, § 1; Ga. L. 1993, p. 1402, § 18; Ga. L. 1994, p. 1108, § 6; Ga. L. 2008, p. 90, § 3-4/HB 1176; Ga. L. 2010, p. 863, § 3/SB 296.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 50-23-20
What does Official Code of Georgia Annotated § 50-23-20 cover?
Section 50-23-20 ("Withholding state funds from local governments or nongovernmental entities failing to collect and remit amounts when due.") 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 § 50-23-20?
A common citation format is "Official Code of Georgia Annotated § 50-23-20" (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 § 50-23-20 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.