Georgia Code, Title 50, Chapter 9, Article 2 - Revenue Bonds
- § 50-9-30 - Issuance Authorized; Amount; Interest; Redemption
The authority, or any authority or body which has or which may in the future succeed to the powers, duties, and liabilities vested in...
- § 50-9-31 - Form, Denomination, Place of Payment, Registration
The authority shall determine the form of the bonds, including any interest coupons to be attached thereto, and shall fix the denomination or denominations...
- § 50-9-32 - Valid Signatures, Seal, Attestation
In case any officer whose signature appears on any bonds or whose facsimile signature appears on any coupon ceases to be an officer before...
- § 50-9-33 - Negotiable Instruments; Exempt From Taxation
All revenue bonds issued under this article and Article 1 of this chapter shall have and are declared to have all the qualities and...
- § 50-9-34 - Manner and Price of Sale
The authority may sell the bonds in such manner and for such price as it may determine to be for the best interests of...
- § 50-9-35 - Proceeds to Be Used for Project Costs; Disbursed Under Restrictions; Additional Bonds Authorized to Provide for Deficit; Surplus to Be Paid Into Fund
The proceeds of the bonds shall be used solely for the payment of the cost of the project or combined project and shall be...
- § 50-9-36 - Interim Certificates and Temporary Bonds Authorized
Prior to the preparation of definitive bonds, the authority may, under like restrictions, issue interim receipts, interim certificates, or temporary bonds, with or without...
- § 50-9-37 - Replacement of Mutilated or Lost Bonds
The authority may also provide for the replacement of any bond which becomes mutilated or is destroyed or lost.
- § 50-9-38 - No Other Conditions Precedent; Issuance for Combination of Projects Authorized; Passage and Effective Date of Resolution
The revenue bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and...
- § 50-9-39 - Not Debt or Pledge of Credit of State; Bonds to Contain Recital of Provisions
Revenue bonds issued under this article and Article 1 of this chapter shall not be deemed to constitute a debt of the state or...
- § 50-9-40 - Trust Indentures As Security; Provisions
In the discretion of the authority, any issue of the revenue bonds may be secured by a trust indenture by and between the authority...
- § 50-9-41 - Authority to Provide for Payment of Proceeds to Person or Agency As Trustee
The authority shall, in the resolution providing for issuance of revenue bonds or in the trust indenture, provide for the payment of the proceeds...
- § 50-9-42 - Sinking Fund; Pledge and Allocation of Funds to Pay Principal and Interest
The revenues, rents, and earnings derived from any particular project or combined project or any and all funds from any source received by any...
- § 50-9-43 - Rights and Remedies of Bondholders
Any holder of revenue bonds or interest coupons issued under this article, any receiver for such holders, or indenture trustee, if there is any,...
- § 50-9-44 - Refunding Bonds
The authority is authorized to provide by resolution for the issue of revenue refunding bonds of the authority for the purpose of refunding any...
- § 50-9-45 - Authorized Investment and Deposit Securities
The bonds authorized by this article and Article 1 of this chapter are made securities in which all public officers and bodies of this...
- § 50-9-46 - Validation; Parties Defendant to Action; Judgment Final and Conclusive
Bonds of the authority shall be confirmed and validated in accordance with the procedure of Article 3 of Chapter 82 of Title 36, the...
- § 50-9-47 - Interests and Rights of Bondholders Not to Be Adversely Affected; Provisions Constitute Contract
While any of the bonds issued by the authority remain outstanding, the powers, duties, or existence of the authority or of its officers, employees,...
Last modified: October 14, 2016