Senate Bill 435
By: Senators Goodman of the 8th, Watson of the 11th, Anderson of the 24th, Sims of the
12th, Summers of the 13th and others
AS PASSED
A BILL TO BE ENTITLED
AN ACT
To amend the Official Code of Georgia Annotated, so as to rename the Georgia Development
Authority as the Georgia Agricultural Development Authority; to make conforming changes;
to provide for related matters; to repeal conflicting laws; and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
The Official Code of Georgia Annotated, is amended by replacing "Georgia Development
Authority" with "Georgia Agricultural Development Authority" wherever the former term
appears in:
(1) Code Section 2-8A-3, relating to definitions regarding the "Emerging Crops Fund
Act";
(2) Code Section 2-8A-5, relating to fund established;
(3) Code Section 2-8A-6, relating to application for interest loan, maximum amount,
maximum rate of interest, and security;
(4) Code Section 2-8A-7, relating to repayment of interest loan;
(5) Code Section 7-1-1001, relating to exemption for certain persons and entities,
registration requirements, authorized actions of licensed mortgage lenders, and violations;
(6) Code Section 45-18-7.1, relating to employees of the Georgia Development
Authority;
(7) Code Section 47-2-318, relating to membership in the retirement system of officers
and employees of the Georgia Environmental Finance Authority, creditable service, and
contributions;
(8) Code Section 50-10-1, relating to short title;
(9) Code Section 50-10-3, relating to creation of authority and administration by
agriculture department;
(10) Code Section 50-10-4, relating to purpose, powers under business corporation law,
and prohibition against loans to persons convicted of controlled substance offense;
(11) Code Section 50-10-5, relating to powers and duties;
(12) Code Section 50-17-21, relating to definitions regarding state financing and
investment; and
(13) Code Section 50-23-2, relating to legislative intent and assumption of rights, duties,
and assets of the Georgia Development Authority.
SECTION 2.
All laws and parts of laws in conflict with this Act are repealed.