Official Code of Georgia Annotated

Title 12. CONSERVATION AND NATURAL RESOURCES · Chapter 3. PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION · Article 7. PUBLIC AUTHORITIES · Part 3. LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY

12-3-333. Revenue bonds — Designation of recipient of bond proceeds.

Active

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

The authority shall, in the resolution providing for issuance of revenue 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. 1962, p. 736, § 16; Ga. L. 1969, p. 397, § 2.

Read the official page (the state's PDF, opened at the page this text was read from).

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, pages 228 to 229; merge action: carried; file SHA-256 a1ca11f804f2.