Georgia Code, Title 46, Chapter 9, Article 9 - Georgia Rail Passenger Authority Law

• § 46-9-270 - Short Title
  This article shall be known and may be cited as the "Georgia Rail Passenger Authority Law."
• § 46-9-271 - Legislative Purpose
  There is created the Georgia Rail Passenger Authority for the purpose of construction, financing, operation, and development of rail passenger service and other public...
• § 46-9-272 - Definitions
  As used in this article, the term: (1) "Authority" means the public body corporate and politic created pursuant to this article. (2) "Cost of...
• § 46-9-273 - Powers of Authority Generally
  The authority shall have all of the powers necessary, proper, or convenient to carry out and effectuate the purposes and provisions of this article....
• § 46-9-274 - Membership of Authority; Filling of Vacancies; Disclosure of Pecuniary Interests; Election of Officers; Expense Allowance and Travel Costs
  (a) The authority shall be composed of members appointed by the Governor. One member shall be appointed from and shall be a resident of...
• § 46-9-275 - Issuance of Revenue Bonds, Notes, or Other Obligations; Refunding Bonds
  Revenue bonds, notes, or other obligations issued by an authority shall be paid solely from the property, including, but not limited to, real property,...
• § 46-9-276 - Authority to Execute Agreements or Instruments; Use of Proceeds From Sale of Bonds and Other Obligations; Issuance of Subsequent Obligations; Bond Anticipation Notes; Validation and Form of Bonds
  (a) Subject to the limitations and procedures provided by this Code section, the agreements or instruments executed by the authority may contain such provisions...
• § 46-9-277 - Public Purpose of Article
  The implementation of rail passenger service and public transportation projects within the State of Georgia develops and promotes, for the public good and general...
• § 46-9-278 - Liberal Construction to Effect Stated Purpose
  The provisions of this article shall be liberally construed to effect its stated purpose. The offer, sale, or issuance of bonds, notes, or other...
• § 46-9-279 - Status of Bonds and Other Obligations As Constituting Debt or Obligation of State, County, or Other Political Subdivisions
  No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation of the State of...
• § 46-9-280 - Exemption of Authority From Taxes or Assessments
  The authority is created for nonprofit and public purposes; and it is found, determined, and declared that the creation of the authority and the...
• § 46-9-281 - Effect of Article on Other Authorities
  This article shall not affect any other authority now or hereafter existing under general or local constitutional amendment or general or local law.

Last modified: October 14, 2016