TITLE 32 HIGHWAYS, BRIDGES, AND FERRIES

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

ARTICLE 2 STATE ROAD AND TOLLWAY AUTHORITY

32-10-91. Obtaining of loans and issuance and sale of notes and bonds; sale of obligations.

The authority may authorize by resolution the following: the obtaining of loans; the issuance and sale of notes; and the issuance and sale of bonds. The foregoing obligations may be offered at public or private sale in such manner and for such interest rate and at such price as the authority may determine to be in the best interests of the authority and the state, provided that any offering is subject to the review and approval of the Georgia State Financing and Investment Commission pursuant to the provisions of Article 2 of Chapter 17 of Title 50.

(Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 13; Code 1933, § 95A-1250, enacted by Ga. L. 1973, p. 947, § 1; Ga. L. 1989, p. 489, § 1.)