---
title: O.C.G.A. § 20-3-162. Compliance with article sufficient for issuance of bonds; single issue for one or more projects; adoption of bond resolution.
collection: code
id: 20-3-162
cite_as: O.C.G.A. § 20-3-162 (2025)
canonical_url: https://georgiacommons.org/code/20-3-162
md_url: https://georgiacommons.org/code/20-3-162.md
text_url: https://georgiacommons.org/code/20-3-162/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t20-ch3-18-(v17a)-2025-pdf.pdf?sfvrsn=10d12596_0#page=119
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/20-3.md
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: EDUCATION / POSTSECONDARY EDUCATION / GEORGIA EDUCATION AUTHORITY (UNIVERSITY)
---

# O.C.G.A. § 20-3-162. Compliance with article sufficient for issuance of bonds; single issue for one or more projects; adoption of bond resolution.

Revenue bonds may be issued without any other proceedings or the happening or any other conditions or things than those proceedings, conditions, and things which are specified or required by this article. In the discretion of the authority, revenue bonds of a single issue may be issued for the purpose of paying the cost of any one or more, including a combination of, projects at any one institution or any number of institutions. Any resolution providing for the issuance of revenue bonds under this article shall become effective immediately upon its passage and need not be published or posted. Any such resolution may be passed at any regular or special or adjourned meeting of the authority by a majority of its members.

## History

Ga. L. 1949, p. 1009, § 13.