TITLE 10 COMMERCE AND TRADE

Section 9. Geo. L. Smith II Georgia World Congress Center, 10-9-1 through 10-9-61.

ARTICLE 3 REVENUE BONDS

10-9-44. Sale of bonds; interest rate.

The authority may sell the revenue bonds in such manner at public or private sale and for such price, rate of interest, and other terms as it may determine to be in the best interest of the authority. The rate of interest may be a fixed or variable rate, but if the rate is a variable rate, a maximum per annum rate of interest shall be specified in the authorizing resolution and in the validation proceeding.

(Code 1981, §10-9-44, enacted by Ga. L. 1988, p. 556, § 4.)