Georgia Commons

Title 52. WATERS OF THE STATE, PORTS, AND WATERCRAFT

Chapter 2. GEORGIA PORTS AUTHORITY

39 sections · 52-2-1 to 52-2-39

  1. 52-2-1Short title.
  2. 52-2-2Definitions.
  3. 52-2-3Projects which may be considered self-liquidating; lease or sale of manufacturing or processing facilities; inclusion in projects of leased facilities and facilities acquired for use as ports.
  4. 52-2-4Creation of authority; status of authority as an instrumentality of state and a public corporation.
  5. 52-2-5Composition of authority; appointment, terms, and qualifications of members generally; filling of vacancies; election of chairperson, vice chairperson, and secretary-treasurer; quorum.
  6. 52-2-6Compensation of members and reimbursement for expenses.
  7. 52-2-7Making of rules and regulations; delegation of powers and duties; perpetual existence of authority.
  8. 52-2-8Eligibility for membership.
  9. 52-2-9Powers of authority generally.
  10. 52-2-10Peace officers of the authority; jurisdiction; qualifications; additional duties and powers.
  11. 52-2-11Power of authority to borrow money, to execute evidences of indebtedness, and to secure such indebtedness; sale and other disposition of property; utilization of proceeds of sale.
  12. 52-2-12Funds for acquisition of land and construction of port facilities.
  13. 52-2-13Approval and consent of State Properties Commission for acquisition of real property by authority.
  14. 52-2-14Conveyance of Medical Depot site to authority; power to sell conveyed surplus lands and improvements; power to borrow and to issue revenue anticipation certificates.
  15. 52-2-15Revenue bonds — Issuance; payment of principal and interest from special fund; dating of bonds; determination of rate of interest; time of maturity; redemption before maturity.
  16. 52-2-16Revenue bonds — Form of bonds; denominations; place of payment of principal and interest.
  17. 52-2-17Revenue bonds — Signatures; seal.
  18. 52-2-18Revenue bonds — Status of bonds as negotiable instruments; tax exemption for bonds and for income therefrom.
  19. 52-2-19Revenue bonds — Issuance in coupon, registered, or book-entry form.
  20. 52-2-20Revenue bonds — Determination of price; use and manner of disbursement of proceeds; procedure where proceeds are less than or greater than cost of projects.
  21. 52-2-21Revenue bonds — Issuance of interim receipts, interim certificates, and temporary bonds; replacement of mutilated, destroyed, or lost bonds.
  22. 52-2-22Revenue bonds — Conditions precedent to issuance; application of bonds of a single issue to payment of one or more projects; effective date of resolutions providing for issuance; passage of resolutions.
  23. 52-2-23Revenue bonds — Aid by Georgia State Financing and Investment Commission.
  24. 52-2-24Revenue bonds — Status of bonds as a debt of state or a pledge of faith and credit of state; issuance as obligating state to levy tax or make appropriation; obligation to pay principal and interest on bonds; recitals on face of bonds.
  25. 52-2-25Revenue bonds — Securing of bonds by trust indenture.
  26. 52-2-26Revenue bonds — Remedies of bondholders and trustee.
  27. 52-2-27Revenue bonds — Protection of rights of bondholders.
  28. 52-2-28Revenue bonds — Revenue refunding bonds.
  29. 52-2-29Revenue bonds — Status of bonds as legal investments and as securities for deposits.
  30. 52-2-30Revenue bonds — Confirmation and validation of bonds; venue of actions to confirm and validate bonds or to enforce rights under chapter.
  31. 52-2-31Power of authority to fix, revise, and collect charges; factors governing determination of amount of rentals and other charges; creation, use, and disposition of sinking fund; cancellation of purchased or redeemed bonds.
  32. 52-2-32Status of contracted-for rentals as obligations of state; payment of rentals; power of authority to enforce lessees’ duty to perform covenants and obligations; assignment of rentals due.
  33. 52-2-33Duty of authority to prescribe rules and regulations for operation of projects; duty of authority to impose and collect rentals and other charges for use of facilities of projects.
  34. 52-2-34Acceptance of grants from federal agencies and of contributions of money and property from other sources.
  35. 52-2-35Requirement as to competitive bidding for contracts for new construction.
  36. 52-2-36Status of moneys received under chapter as trust funds; provision by authority for payment of moneys to designated trustee; investment of moneys; sale of investments and reinvestment.
  37. 52-2-37Creation of authority and carrying out of authority’s corporate purpose as constituting a public purpose; covenant with bondholders as to tax-exempt status of authority’s property.
  38. 52-2-38Construction of chapter.
  39. 52-2-39Supplemental nature of chapter.