Title 36, Chapter 82, Section 121
As used in this article, the term:
(1) "Bonds" means any bonds, notes, certificates, or obligations
of any kind issued by any municipality to evidence any repayment
obligation for money borrowed by such municipality, exclusive of
general obligation bonds.
(2) "General obligation bonds" means any bonds, notes,
certificates, or obligations of any kind issued by any
municipality which, under the Constitution of Georgia, may not be
issued without the consent of a majority of the qualified voters
of the municipality affected, voting in an election for that
purpose, and also shall mean any bonds, notes, certificates, or
obligations of any kind issued to refund outstanding general
obligation bonds without an election as authorized under Article
IX, Section V, Paragraph III of the Constitution of Georgia.
(3) "Municipality" means any school district, county, municipal
corporation, or political subdivision of the state or any
authority or public corporation created by the Constitution of
Georgia or any general, local, or special Act of the General
Assembly which is as of March 16, 1981, or may thereafter be
authorized by law to issue bonds.