O.C.G.A.

O.C.G.A. § 12-3-324 (2019)

Revenue bonds - Form of bonds; interest coupons; denominations; place of pay-

✓ 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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ment; issuance in coupon or registered form; registration of coupon bonds. Revenue bonds - Signatures; seal. Revenue bonds - Status as negotiable instruments; tax exemption for bonds and income therefrom. Revenue bonds - Manner of sale; determination of price; use and manner of disbursement of proceeds. Revenue bonds - Issuance of interim receipts, interim certificates, and temporary bonds. Revenue bonds - Replacement of mutilated, destroyed, or lost bonds. Revenue bonds - Bonds; application of bonds of a single issue as payment for one or more projects; 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 faith or credit of state; effect of issuance on obligation of state to tax or make appropriations; recitals on face of bonds. Revenue bonds - Securing by trust indenture. Revenue bonds - Designation of recipient of bond proceeds. Revenue bonds - Establishment of sinking fund for payment of principal, interest, and other costs. Revenue bonds - Remedies of bondholders, coupon holders, and trustees. Revenue bonds - Revenue refunding bonds. Revenue bonds - Protection of bondholders; part as constituting a contract with bondholders. Revenue bonds - Validation.

Sec.

Sec. Authority property, activities, income, and bonds exempt from taxation and assessment. Conflicts of interest; applicability of other laws regulating conduct; contracts voidable by authority. Venue and jurisdiction of actions under part.

PART 4 KINCHAFOONEE LAKE AUTHORITY 12-3-360 through 12-3-378 [Repealed]. PART 5

THE GREAT PARK AUTHORITY 12-3-390 through 12-3-397 [Repealed]. PART 6 Short title. Definitions. Creation; membership; compensation; qualifications; accountabilities; assignment. Purpose and nature of authority. General powers. Exemption from taxation. Police powers. Security force. Receipt of moneys deemed to be trust funds. Authority to fix rentals and other charges for use of project. Attorney General providing legal services. Jurisdiction of actions under this part. Applicability of Chapter 10 of Title 45. Issuance of bonds. Authorization of Governor.

GEORGIA AGRICULTURAL EXPOSITION AUTHORITY 12-3-470 through 12-3-484. Reserved. PART 9 GEORGIA AGRICULTURAL EXPOSITION AUTHORITY OVERVIEW COMMITTEE

SAPELO ISLAND HERITAGE AUTHORITY Short title. Legislative findings. Definitions. Creation; power to contract and sue; assignment to Department of Natural Resources. Membership; officers; compensation; quorum; meetings. Powers and duties. Authority’s property subject to inventory requirements; conveyances not subject to filing requirements. Authority’s property not subject to adverse possession or prescription. Authority members accountable as trustees; financial records required. Authority and property exempt from taxation, levy and sale, garnishment, and attachment. Attorney General to provide legal services. Jurisdiction of actions against authority. Liberal construction. PART 8

PART 7 Creation of committee; membership; vacancies; review of Georgia Agricultural Exposition Authority. Assistance to committee in discharging duties; employees; securing professional services. Cooperation of Georgia Agricultural Exposition Authority. Committee to evaluate performance of authority. Expenditure of state funds by committee; compensation, expenses, and allowances for members. PART 10 Short title.

CONSERVATION & NATURAL RES.

Sec.

Definitions. Creation; membership; meetings; expense allowance; perpetual existence; records.