No local authority shall issue or be a grantor of a trust which issues any obligations to finance or refinance any real or personal property to be owned, leased, or operated by any governmental unit which is not a sponsoring governmental unit of such local authority. History. — Code 1981, § 36-82-221, enacted by Ga. L. 1997, p. 584, § 1.
Sponsoring governmental unit requirement
O.C.G.A. § 36-82-221, under TRUSTS.
O.C.G.A. § 36-82-221