- § 36-62-1 - Short Title
This chapter may be referred to as the "Development Authorities Law."
- § 36-62-2 - Definitions
As used in this chapter, the term: (1) "Authority" means each public corporation created pursuant to this chapter. (2) "Cost of project" includes: (A)...
- § 36-62-3 - Constitutional Authority for Chapter; Finding of Public Purposes; Tax Exemption
This chapter is passed pursuant to authority granted the General Assembly by Article IX, Section VI, Paragraph III of the Constitution of this state....
- § 36-62-4 - Development Authorities Created; Appointment and Terms of Directors; Quorum; Adoption and Filing of Resolution of Need
(a) There is created in and for each county and municipal corporation in the state a public body corporate and politic to be known...
- § 36-62-5 - Directors; Officers; Compensation; Adoption of Bylaws; Delegation of Powers and Duties; Conflicts of Interest; Audits
(a) The directors shall be taxpayers residing in the county or municipal corporation for which the authority is created, and their successors shall be...
- § 36-62-5.1 - Joint Authorities
(a) By proper resolution of the local governing bodies, an authority may be created and activated by: (1) Any two or more municipal corporations;...
- § 36-62-6 - Powers of Authority Generally
(a) Each authority shall have all of the powers necessary or convenient to carry out and effectuate the purposes and provisions of this chapter,...
- § 36-62-6.1 - Obtaining Real Property Within Adjoining County Which Will Be Exchanged for Federal Property
No development authority of a county or municipality within the county or joint development authority within the county shall purchase or accept title to...
- § 36-62-7 - Operation of Project by Governmental Units Prohibited; Sale or Lease of Property for Operation
No project acquired under this chapter shall be operated by an authority or any municipal corporation, county, or other governmental subdivision. Such a project...
- § 36-62-8 - Obligations of Authority; Use of Proceeds; Status As Revenue Obligations; Subsequent Series of Bonds or Notes; Bond Anticipation Notes; Interest Rates; Issuance and Validation
(a) Subject to the limitations and procedures provided by this Code section, the obligations of any authority evidenced by bonds, bond anticipation notes, trust...
- § 36-62-9 - Purposes of Chapter; Issuance of Bonds or Bond Anticipation Notes; Exceptions
The purposes of this chapter are to develop and promote trade, commerce, industry, and employment opportunities for the public good and the general welfare...
- § 36-62-10 - Obligations of Authority Not Indebtedness of State or Political Subdivisions
No bonds or other obligations of and no indebtedness incurred by any authority shall constitute an indebtedness or obligation of the State of Georgia...
- § 36-62-11 - Construction of Chapter Generally; Effect of Conflict Between Chapter and Other Provisions of Law; Applicability of Certain Other Provisions of Law to Proceedings Under Chapter
This chapter shall be liberally construed to effect the purposes hereof, and insofar as this chapter may be inconsistent with the provisions of any...
- § 36-62-12 - Previously Created Authority Not Affected by Chapter
Any public corporation, industrial development authority, or payroll authority created prior to March 28, 1969, by legislative Act or constitutional amendment shall not be...
- § 36-62-13 - Disposition of Property of Certain Authorities Dissolved by Operation of Law
The real and personal property of any development authority which was created for a county prior to July 1, 1983, by constitutional amendment and...
- § 36-62-14 - Perpetual Existence of Authority; Dissolution
(a) Except as otherwise provided in this Code section, an authority created pursuant to this chapter shall have perpetual existence.(b) If an authority does...
Last modified: October 14, 2016