Official Code of Georgia Annotated

Title 12. CONSERVATION AND NATURAL RESOURCES · Chapter 3. PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION · Article 6. MEMORIALS · Part 4. STONE MOUNTAIN MEMORIAL ASSOCIATION

12-3-211. Revenue bonds — Designation of recipient of bond proceeds.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The association shall, in the resolution providing for issuance of bonds or in the trust indenture, provide for the payment of the proceeds of the sale of the bonds to any officer or person who, or any agency, bank, or trust company which, shall act as trustee of such funds and shall hold and apply the same to the purposes expressed in this part, subject to such regulations as this part and such resolution or trust indenture may provide.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Ga. L. 1958, p. 61, § 21.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t12-(v10)-2021-pdf.pdf, Volume V10, 2021 edition, page 151; merge action: carried; file SHA-256 a1ca11f804f2.

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