O.C.G.A.

O.C.G.A. § 12-3-300 (2019)

Approval of indebtedness by Georgia State Financing and Investment Commission

✓ 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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Any other provision of this part to the contrary notwithstanding, the authority shall not incur any debt of any kind, whether through contract, mortgage, or otherwise, or encumber any real or personal property in any manner unless such action has been approved in advance, in writing, by the Georgia State Financing and Investment Commission as defined by Article VII, Section IV, Paragraph VII of the Constitution and Article 2 of Chapter 17 of Title 50, the ‘‘Georgia State Financing and Investment Commission Act.’’

History

Code 1981, § 12-3-300, enacted by Ga. L. 1993, p. 1683, § 6.

PART 3 LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY

Annotations

Cross references. - Powers of department and Board of Natural Resources as

to development of Lake Lanier Islands, § 12-3-4.