Georgia Code, Title 50, Chapter 17, Article 2 - State Financing and Investment

• § 50-17-20 - Short Title
  This article shall be known and may be cited as the "Georgia State Financing and Investment Commission Act."
• § 50-17-21 - Definitions
  As used in this article, the term: (1) "Commission" means the Georgia State Financing and Investment Commission as defined by Article VII, Section IV,...
• § 50-17-22 - State Financing and Investment Commission
  (a) Responsibilities. Subject to the limitations contained in this article, the commission shall be responsible for the issuance of all public debt incurred hereunder,...
• § 50-17-23 - General Obligation and Guaranteed Revenue Debts; Sinking and Common Reserve Funds; Appropriations; Investments; Taxation to Pay Debt Service Requirements
  (a) General obligation debt. General obligation debt may not be incurred until the General Assembly has enacted legislation stating the purposes, in general or...
• § 50-17-24 - Authority to Incur Public Debt; Purposes; Limitations
  (a) Authority. The state, through action of the commission, is authorized to incur public debt as provided in this article.(b) Purposes for debt. (1)...
• § 50-17-25 - Incurring Public Debt by Resolution; Sale of Evidences of Indebtedness; Form of Obligations; Validation of Bonds; Civil Claims and Actions
  (a) Authority. The state, through action of the commission, is authorized to incur public debt as hereinafter provided.(b) Resolutions. (1) (A) All actions of...
• § 50-17-26 - Evidences of Indebtedness Generally; Accrual of Interest; Paying Agent; Executory Contracts; Audits; Legal Services
  (a) Authority. The state, through action of the commission, is authorized to incur public debt as hereinafter provided.(b) Registration, prepayment, cancellation, destruction, etc. (1)...
• § 50-17-27 - Application and Investment of Public Debt Proceeds by Commission and by the Environmental Finance Authority
  (a) The commission shall be responsible for the proper application of the proceeds of public debt issued under this article to the purposes for...
• § 50-17-28 - Bond Security Contracts Prohibited
  The state and all institutions, departments, and agencies of the state are prohibited from entering into any contract, except contracts pertaining to guaranteed revenue...
• § 50-17-29 - Miscellaneous Pledges, Authorizations, and Exemptions
  (a) Full faith and credit. The full faith, credit, and taxing powers of the state are pledged to the payment of all public debt,...
• § 50-17-30 - Liability of Public Officers and Employees
  Any public officer or employee and any surety on his official bond or any other person participating in any direct or indirect impairment of...

Last modified: October 14, 2016