Georgia § 50-26-11 - Bonds as securities.
Full text of Georgia Official Code of Georgia Annotated § 50-26-11 — Bonds as securities., with citation guidance and answers to common questions.
§ 50-26-11. Bonds as securities.
The bonds authorized by this chapter are securities in which: All public officers and bodies of this state; All local governments of this state; All insurance companies and associations and other persons carrying on an insurance business; All banks, bankers, trust companies, saving banks, and savings associations, including savings and loan associations, building and loan associations, investment companies, and other persons carrying on a banking business; All administrators, guardians, executors, trustees, and other fiduciaries; and All other persons whomsoever who are authorized to invest in bonds or other obligations of this state may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are also securities which may be deposited with and shall be received by all public officers and bodies of this state and local governments for any purpose for which deposit of the bonds or other obligations of this state is authorized. (Code 1981, § 50-26-11 , enacted by Ga. L. 1991, p. 1653, § 1-2.)
Frequently Asked Questions About Georgia § 50-26-11
What does Official Code of Georgia Annotated § 50-26-11 cover?
Section 50-26-11 ("Bonds as securities.") 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 § 50-26-11?
A common citation format is "Official Code of Georgia Annotated § 50-26-11" (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 § 50-26-11 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.