O.C.G.A.

O.C.G.A. § 50-10-2 (2019)

Legislative intent

✓ 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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(a) It is the purpose and intent of this chapter to provide an instrumentality to assist agricultural and industrial interests in their effort to commence, expand, or diversify their operations by providing credit and servicing functions to better enable the farmers and businessmen within this state to obtain needed capital funds and to encourage and secure financial institutions in the lending of money for such purposes. (b) It is the purpose of this chapter to clothe the authority with corporate power to operate and to administer the funds held and received by it and to possess and operate under licenses or permits granted it by the United States or this state.

History

Ga. L. 1957, p. 210, § 1; Ga. L. 1960, p.

764, § 1; Ga. L. 1983, p. 1026, § 1; Ga. L. 1986, p. 705, § 1.

Notes of Decisions

Cited in 1 case, 1985–1985 · leading case: Georgia State Fin. & Inv. Comm'n v. State, 325 S.E.2d 162 (Ga. 1985).

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Georgia State Fin. & Inv. Comm'n v. State, 325 S.E.2d 162 (Ga. 1985). · cites it 2× “” OCGA § 50-10-2 (d). All of this is for the purpose of meeting “.”

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