TITLE 32 HIGHWAYS, BRIDGES, AND FERRIES

Section 10. Public Authorities, 32-10-1 through 32-10-133.

ARTICLE 2 STATE ROAD AND TOLLWAY AUTHORITY

32-10-106. Protection of interests and rights of bondholders.

While any of the bonds issued by the authority remain outstanding, the powers, duties, or existence of the authority or of its officers, employees, or agents shall not be diminished or impaired in any manner that will affect adversely the interests and rights of the holders of such bonds.

(Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 31; Ga. L. 1972, p. 179, § 21; Code 1933, § 95A-1268, enacted by Ga. L. 1973, p. 947, § 1.)