§ 31-7-87 - Hypothecation or mortgaging of purchased hospital facilities - Georgia Statutes

O.C.G.A. 31-7-87 (2010)
31-7-87. Hypothecation or mortgaging of purchased hospital facilities

Should an authority acquire by purchase existing hospital facilities of political subdivisions and pay the reasonable value therefor, nothing in this article shall be construed to prevent the hypothecation or mortgaging of such facilities as security for the repayment of any indebtedness which may be legally incurred by such authority.