Official Code of Georgia Annotated

Title 50. STATE GOVERNMENT · Chapter 23. ENVIRONMENTAL FINANCE AUTHORITY · Article 1. ENVIRONMENTAL FINANCE AUTHORITY · Part 1. GENERAL PROVISIONS

50-23-13. Liberal construction; bonds exempt from securities law; necessity of notice, proceeding, or publication; referendums.

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

The provisions of this article shall be liberally construed to effect the purposes of this article. The offer, sale, or issuance of bonds, notes, or other obligations by the authority shall not be subject to regulation under Chapter 5 of Title 10, known as the ‘‘Georgia Uniform Securities Act of 2008.’’ No notice, proceeding, or publication except those required in this article shall be necessary to the performance of any act authorized in this article; 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

Code 1981, § 50-23-13, enacted by Ga. L. 1986, p. 569, § 1; Ga. L. 1994, p. 1108, § 6; Ga. L. 2008, p. 381, § 10/SB 358.

Code Commission notes

Pursuant to Code Section 28-9-5, in 1990, ‘‘Chapter 5’’ was substituted for ‘‘Chapter 1’’ in the second sentence.

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

Text read from t50-ch13-40-(v38a)-2021-pdf.pdf, Volume V38A, 2021 edition, page 505; merge action: carried; file SHA-256 1cacff3315fb.

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