Georgia Code, Title 46, Chapter 9, Article 11 - Southwest Georgia Railroad Excursion Authority
- § 46-9-320 - Short Title
This article shall be known and may be cited as the "Southwest Georgia Railroad Excursion Authority Law."
- § 46-9-321 - Creation; Administrative Assignment
(a) There is created a body corporate and politic to be known as the Southwest Georgia Railroad Excursion Authority, which shall be deemed to...
- § 46-9-322 - 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...
- § 46-9-323 - Powers
The authority shall have all of the powers necessary, proper, and convenient to carry out and effectuate the purposes and provisions of this article....
- § 46-9-324 - Membership; Civil Office; Chairperson; Conflicts of Interest; Compensation
(a) The authority shall be composed of members appointed by governing authorities of counties and municipalities within the service area as provided by this...
- § 46-9-325 - Members Accountable As Trustees; Records
The members of the authority shall be accountable in all respects as trustees. The authority shall keep suitable and proper books and records of...
- § 46-9-326 - Revenue Bonds, Notes, and Other Obligations
Revenue bonds, notes, or other obligations issued by the authority shall be paid solely from the property, including, but not limited to, real property,...
- § 46-9-327 - Provisions of Obligations; Use of Proceeds; 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...
- § 46-9-328 - Implementation of Rail Passenger Excursion Projects
The implementation of rail passenger excursion projects within the service area develops and promotes, for the public good and general welfare, trade, commerce, tourism,...
- § 46-9-329 - Liberal Construction of Provisions
The provisions of this article shall be liberally construed to effect its stated purpose. The offer, sale, or issuance of bonds, notes, or other...
- § 46-9-330 - Indebtedness Not Obligation of State or Political Subdivision
No bonds, notes, or other obligations of and no indebtedness incurred by the authority shall constitute an indebtedness or obligation of the State of...
- § 46-9-331 - Purpose of Authority's Creation; Tax Exemption
The authority is created for nonprofit and public purposes; and it is found, determined, and declared that the creation of the authority and the...
- § 46-9-332 - Authorization for Rail Passenger Excursion Projects Not Limited
The authorization for rail passenger excursion projects provided by this article shall be in addition to and not limited by any other authorization for...
Last modified: October 14, 2016