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Official Code of Georgia Annotated

Title 50. STATE GOVERNMENT · Chapter 9. GEORGIA BUILDING AUTHORITY · Article 2. REVENUE BONDS

50-9-38. No other conditions precedent; issuance for combination of projects authorized; passage and effective date of resolution.

Active

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

  1. The revenue bonds may be issued 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 or Article 1 of this chapter. 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bonds under this article or Article 1 of this chapter shall become effective immediately upon its passage and need not be published or posted, and any such resolution may be passed at any regular, special, or adjourned meeting of the authority by a majority of its members.

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. 1951, p. 699, § 13; Ga. L. 1982, p. 3, § 50.

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

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

Text read from t49-t50-ch1-12-(v38)-2023-pdf.pdf, Volume V38, 2023 edition, page 824; merge action: carried; file SHA-256 b1a50b0e3917.