O.C.G.A.

O.C.G.A. § 12-3-200 (2019)

Revenue bonds - Power of association to adopt resolutions providing for and to issue bonds

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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Sec.

PARKS Sec. Revenue bonds - Sale by public competitive bidding; determination of price and rate of interest; dating of bonds; payment of principal and interest; time of maturity. Revenue bonds - Form; denominations; place of payment of principal and interest; issuance in coupon or registered form. Revenue bonds - Signatures; seal. Revenue bonds - Status as negotiable instruments; tax exemption for bonds and income therefrom. Revenue bonds - Use and manner of disbursement of proceeds; procedure where proceeds are less than or greater than cost of projects. Revenue bonds - Issuance of interim receipts, interim certificates, and temporary bonds. Revenue bonds - Replacement of mutilated, destroyed, or lost bonds. Revenue bonds - Immediate effectiveness of resolutions providing for issuance of bonds; time and manner of passage of resolutions. Revenue bonds - Status as constituting debt or pledge of credit of state; effect of issuance of bonds on obligation of state to tax or make appropriations; recitals on face of bonds. Revenue bonds - Securing bonds by trust indenture. Revenue bonds - Designation of recipient of bond proceeds. Revenue bonds - Establishment of sinking funds for payment of principal, interest, and other costs. Revenue bonds - Revenue refunding bonds. Revenue bonds - Remedies of bondholders, coupon holders, and trustee. Revenue bonds - Status as legal investment and as securities for deposits. Revenue bonds - Protection of bondholders; part as constituting a contract with bondholders. Revenue bonds - Validation. Moneys received by association as constituting trust funds; bondholders’ lien on funds. Association property, activities, income, and bonds exempt from taxation and assessment; facilities, services, and charges subject to certain taxes. Venue and jurisdiction for actions under part. Article 7 Public Authorities PART 1

JEKYLL ISLAND - STATE PARK AUTHORITY Short title. Definitions. Creation of authority as instrumentality of state and public corporation; delegation of powers and duties; duration of existence.