Title 32. HIGHWAYS, BRIDGES, AND FERRIES · Chapter 10. PUBLIC AUTHORITIES · Article 1. GEORGIA HIGHWAY AUTHORITY · Part 2. REVENUE BONDS
32-10-44. Refunding bonds.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
The authority is authorized, subject to any prior resolution or trust indenture, to provide by resolution for the issuance of refunding bonds of the authority for the purpose of refunding any bonds issued under this article and then outstanding, together with accrued interest thereon. The issuance of such refunding bonds, the maturities and all other details thereof, the rights of the holders thereof, and the duties of the authority in respect to the same shall be governed by this article insofar as it may be applicable.
History
Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 28; Ga. L. 1955, p. 124, § 29; Ga. L. 1967, p. 385, § 28; Code 1933, § 95A-1228, enacted by Ga. L. 1973, p. 947, § 1.
Code Commission notes
Pursuant to Code Section 28-9-5, in 1985, in the second sentence ‘‘holders’’ was substituted for ‘‘holder’’.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t32-(v23a)-2019-pdf.pdf, Volume V23A, 2019 edition, page 434; merge action: carried; file SHA-256 04a286a38b4e.
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