Title 32. HIGHWAYS, BRIDGES, AND FERRIES · Chapter 10. PUBLIC AUTHORITIES · Article 2. STATE ROAD AND TOLLWAY AUTHORITY · Part 2. REVENUE BONDS
32-10-98. Resolutions for bond issuance; issuance of bonds of a single issue.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Resolutions for the issuance of revenue bonds may be adopted without any other proceedings or the happening of 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 location or any number of locations. 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for the issuance of revenue bonds under this article shall become effective immediately upon its passage and need not be published or posted; and any such resolution may be passed at any regular or special or adjourned meeting of the authority by a majority of its members.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. 1953, Jan.-Feb. Sess., p. 302, § 20; Code 1933, § 95A-1257, enacted by Ga. L. 1973, p. 947, § 1.
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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, pages 465 to 466; merge action: carried; file SHA-256 04a286a38b4e.
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