Title 12. CONSERVATION AND NATURAL RESOURCES · Chapter 3. PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION · Article 7. PUBLIC AUTHORITIES · Part 1. JEKYLL ISLAND—STATE PARK AUTHORITY
12-3-269. Revenue bonds — Validation.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Bonds of the authority shall be confirmed and validated in accordance with the procedure provided by Article 3 of Chapter 82 of Title 36. The petition for validation shall also make party defendant to such action any authority, subdivision, instrumentality, or agency of the State of Georgia which has contracted with the Jekyll Island—State Park Authority for the use of any building, structure, or facilities for which bonds have been issued and sought to be validated. Such authority, subdivision, instrumentality, or agency shall be required to show cause, if any, why such contract or contracts and the terms and conditions thereof should not be inquired into by the court, the validity of the terms thereof determined, and the contract adjudicated as security for the payment of any such bonds of the authority. The bonds when validated and the judgment of validation shall be final and conclusive with respect to such bonds and against the authority issuing the same and any authority, subdivision, instrumentality, department, or agency contracting with the authority.
History
Ga. L. 1950, p. 152, § 18; Ga. L. 1960, p. 89, § 1.
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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 194; merge action: carried; file SHA-256 a1ca11f804f2.
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