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2018 Georgia Code 52-2-32 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 52-2-32 Case Law from Google Scholar Amendments to OCGA 52-2-32

TITLE 52 WATERS OF THE STATE, PORTS, AND WATERCRAFT

Section 2. Georgia Ports Authority, 52-2-1 through 52-2-39.

ARTICLE 2 RIGHT OF PASSAGE

52-2-32. Status of contracted-for rentals as obligations of state; payment of rentals; power of authority to enforce lessees' duty to perform covenants and obligations; assignment of rentals due.

  1. The rentals contracted to be paid by the state or any department, agency, or institution of the state to the authority under leases entered upon pursuant to this chapter shall constitute obligations of the state for the payment of which the good faith of the state is pledged. Such rentals shall be paid as provided in the lease contracts from funds appropriated for such purposes by the terms of the Constitution of Georgia. It shall be the duty of the state or any department, agency, or institution thereof to see to the punctual payment of all such rentals.
  2. In the event of any failure or refusal on the part of lessees punctually to perform any covenant or obligation contained in any lease entered upon pursuant to this chapter, the authority may enforce performance by any legal or equitable process against lessees; and consent is given for the institution of any such action.
  3. The authority shall be permitted to assign any rental due it by the lessees to a trustee or paying agent as may be required by the terms of any trust indenture entered into by the authority.

(Ga. L. 1964, p. 88, § 2.)

Cases Citing O.C.G.A. § 52-2-32

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Hines v. Georgia Ports Auth., 604 S.E.2d 189 (Ga. 2004).

Cited 14 times | Published | Supreme Court of Georgia | Oct 12, 2004 | 278 Ga. 631

...going operations of Jekyll Island Park Authority). [24] OCGA § 52-2-31(a). [25] OCGA § 52-2-36; but see Hess, 513 U.S. at 51, 115 S.Ct. 394 ("the proper focus in not on the use of profits or surplus, but rather on losses and debts"). [26] See OCGA § 52-2-32(a) (rentals contracted with Ports Authority by the state or any department shall be paid from funds appropriated for such purposes)....
...ring state authorities to have books audited by state auditor). [44] OCGA § 52-2-9(5). See Fresenius Medical Care, 322 F.3d at 68-69 (ability of public corporation to make contracts with state is evidence that it is not arm of the state). [45] OCGA § 52-2-32(b)....