O.C.G.A. § 8-3-156 (2019)
Procedure for exercise of powers granted by article to state public bodies
The exercise by a state public body of the powers granted by this article may be authorized by resolution of the governing body of such state public body. The resolution shall be adopted by a majority of the members of the governing body present at a meeting of said governing body, which resolution may be adopted at the meeting at which such resolution is introduced. Such a resolution or resolutions shall take effect immediately and need not be laid over or published or posted.
History
Ga. L. 1937, p. 697, § 7; Ga. L. 1939, p. 127, § 2; Ga. L. 1941, p. 253, § 1; Ga. L. 1943, p. 142, §§ 1, 2; Ga. L. 1943, p. 166,
§§ 1-3; Ga. L. 1949, p. 23, §§ 1-4; Ga. L. 1959, p. 141, § 4; Ga. L. 1961, p. 54, §§ 2-4.
ARTICLE 3 OFFICE OF HOUSING
Annotations
Cross references. Urban residential finance authorities for municipalities of 400,000 or more in population, § 36-41-1 et seq. Editor’s notes. Ga. L. 1991, p. 1653, § 1-1, effective July 1, 1991, repealed the Code sections formerly codified as this article and enacted the current article. The former unit consisted of §§ 8-3-170 to 8-3-176, 8-3-176.1, 8-3-177 to 8-3-189 (Part 1), 8-3-190, 8-3-190.1, 8-3-191 to 8-3-193, 8-3-193.1, 8-3-194 to 8-3-198 (Part 2), and 8-3-199 and 8-3-199.1 (Part 3) and was based on Ga. L. 1974, p. 975, §§ 1-17; Ga. L. 1975, p. 1651, §§ 1-29; Ga. L. 1976, p.
651, § 6; Ga. L. 1977, p. 259, §§ 1-8; Ga. L. 1977, p. 603, §§ 1-3; Ga. L. 1978, p. 1541, § 1; Ga. L. 1978, p. 1543, § 1; Ga. L. 1979, p. 1266, § 1; Ga. L. 1980, p. 351, § 1; Ga. L. 1980, p. 1269, §§ 1-11; Ga. L. 1981, p. 718, §§ 1-9; Ga. L. 1982, p. 3, § 8; Ga. L. 1982, p. 1716, §§ 1-13; Ga. L. 1982, p. 1813, §§ 1, 2, 32-35; Ga. L. 1982, p. 2228, §§ 3, 6; Ga. L. 1983, p. 3, § 6; Ga. L. 1983, p. 1228, §§ 1-10; Ga. L. 1984, p. 22, § 8; Ga. L. 1984, p. 1374, §§ 1-4; Ga. L. 1985, p. 149, § 8; Ga. L. 1985, p. 818, §§ 1, 2; Ga. L. 1985, p. 1121, §§ 1, 2; Ga. L. 1986, p. 344, § 1; Ga. L. 1986, p. 899, §§ 1, 2, 3, 4, 6, 7; Ga. L. 1987, p. 3, § 8; Ga. L. 1987, p. 234, §§ 1-9; Ga. L. 1988, p.
1550, §§ 1-6; Ga. L. 1989, p. 14, § 8; Ga. L. 1989, p. 792, §§ 1-6; Ga. L. 1990, p. 8, § 8(2); Ga. L. 1990, p. 45, § 1; Ga. L. 1990, p. 1039, §§ 1-11; Ga. L. 1990, p. 2024, § 1. For present provisions governing the Housing and Finance Authority, see § 50-26-1 et seq.
Ga. L. 1991, p. 94, § 8, and Ga. L. 1991, p. 391, §§ 1, 2, amended former Code Section 8-3-170 prior to its repeal by Ga. L. 1991, p. 1653, § 1-1.
JUDICIAL DECISIONS Constitutionality. - Former Georgia Residential Finance Authority Act was not unconstitutional on the ground that the state may not make loans since the funds used to carry out the purposes of the authority were derived from the sale of the authority’s revenue bonds, and was thus private, not public, money. Rich v. State, 237 Ga. 291, 227 S.E.2d 761, 1976 Ga. LEXIS 1472 (1976). Former Georgia Residential Finance Authority Act was a valid exercise of the police power by the General Assembly pursuant to a legitimate public purpose, namely, the promotion of housing for low and moderate income families and the stimulation of the housing market.
Rich v. State, 237 Ga. 291, 227 S.E.2d 761, 1976 Ga. LEXIS 1472 (1976). Former Georgia Residential Finance Authority Act was not void as being an illegal delegation of legislative power to the authority. Rich v. State, 237 Ga. 291, 227 S.E.2d 761, 1976 Ga. LEXIS 1472 (1976). Georgia Residential Finance Authority Act did not violate the provisions of the Revenue Bond Law (see now O.C.G.A. Art. 3, Ch. 82, T. 36) in not presenting an allowable undertaking under that law. Rich v. State, 237 Ga. 291, 227 S.E.2d 761, 1976 Ga. LEXIS 1472 (1976).
OPINIONS OF THE ATTORNEY GENERAL Georgia Residential Finance Authority constitutes public housing agency as defined in 42 U.S.C. § 1437a. - Former Georgia Residential Finance Authority was a public housing agency as defined in the United States Housing Act of 1937, 42 U.S.C. § 1437a(6)
(now 42 U.S.C. § 1437a(b)(6)), and was empowered to participate in the section 8 Housing Assistance Payments Program created by the Housing and Community Development Act of 1974, 42 U.S.C. § 1437f(a). 1981 Op. Att’y Gen. No. 81-61.
RESEARCH REFERENCES ALR. Home Owners’ Loan Act, 110 A.L.R. 250; 121 A.L.R. 117; 125 A.L.R. 809.