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Official Code of Georgia Annotated

Title 36. LOCAL GOVERNMENT · Chapter 42. DOWNTOWN DEVELOPMENT AUTHORITIES

36-42-15. Construction of chapter; applicability of the “Georgia Uniform Securities Act of 2008.”

Active

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

  1. This chapter shall be liberally construed to effect the purposes hereof. The offer, sale, or issuance of bonds, notes, or other obligations by any authority shall not be subject to regulation under Chapter 5 of Title 10, the “Georgia Uniform Securities Act of 2008.” No notice, proceeding, or publication except those required by this chapter shall be necessary to the performance of any act authorized by this chapter, nor shall any such act be subject to referendum.

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. 1981, p. 1744, § 10; Ga. L. 2008, p. 381, § 10/SB 358.

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

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

Text read from t35-t36-ch1-59-(v27)-2025-pdf.pdf, Volume V27, 2025 edition, pages 902 to 903; merge action: bound only; file SHA-256 6c7b6bcea397.