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Georgia Commons

Título 50. STATE GOVERNMENT

Capítulo 17. STATE DEBT, INVESTMENT, AND DEPOSITORIES

40 secciones · 50-17-1 a 50-17-105

Legible por máquinas https://georgiacommons.org/code/50-17.md · https://georgiacommons.org/code/index.md · MCP https://mcp.georgiacommons.org/mcp

Artículo 1. GENERAL PROVISIONS

  1. 50-17-1Use of facsimile signatures on public securities authorized.
  2. 50-17-2Agreements to resell or repurchase United States government obligations at stated rate of interest; delivery and safekeeping of such obligations; investment in authorized securities.

Artículo 2. STATE FINANCING AND INVESTMENT

  1. 50-17-20Short title.
  2. 50-17-21Definitions.
  3. 50-17-22State Financing and Investment Commission.
  4. 50-17-23General obligation and guaranteed revenue debts; sinking and common reserve funds; appropriations; investments; taxation to pay debt service requirements.
  5. 50-17-24Authority to incur public debt; purposes; limitations.
  6. 50-17-25Incurring public debt by resolution; sale of evidences of indebtedness; form of obligations; validation of bonds; civil claims and actions.
  7. 50-17-26Evidences of indebtedness generally; accrual of interest; paying agent; executory contracts; audits; legal services.
  8. 50-17-27Application and investment of public debt proceeds by commission and by the Environmental Finance Authority.
  9. 50-17-28Bond security contracts prohibited.
  10. 50-17-29Miscellaneous pledges, authorizations, and exemptions.
  11. 50-17-30Liability of public officers and employees.

Artículo 3. STATE DEPOSITORIES

  1. 50-17-50Creation of State Depository Board; membership; quorum; assignment for administrative purposes.
  2. 50-17-50.1Authority to vote.
  3. 50-17-51Meetings of State Depository Board; records; list of deposits; interest policy; cash management policies and procedures.
  4. 50-17-52Contracts for interest on deposits; authority to remove deposits.
  5. 50-17-53Authority to determine amount to be deposited; deposit security required.
  6. 50-17-54Monitoring financial condition of depositories; action in case of insolvency of depository.
  7. 50-17-55Absolute discretion of State Depository Board in performance of duties.
  8. 50-17-56State treasurer to make deposits in compliance with board’s determinations.
  9. 50-17-57State treasurer to make reports.
  10. 50-17-58Execution of bonds by depositories.
  11. 50-17-59Deposit of securities in lieu of bond.
  12. 50-17-60Governor to sell bonds to reimburse state for any default.
  13. 50-17-61Procedure for relief of bond sureties.
  14. 50-17-62Funds to be held by depositories.
  15. 50-17-63Deposit of demand funds; investment of funds; reports; remittance of interest earned; motor fuel tax revenues.
  16. 50-17-64Depositories required to furnish monthly statements.
  17. 50-17-65State officials to notify depositories of any unauthorized signatures or alterations; notification in lieu of other obligations to notify; assent to provisions by depositories.
  18. 50-17-66State officer not to receive commission, interest, compensation, or reward for depositing state money.
  19. 50-17-67Depositories to serve without definite term or salary or fees; exception.

Artículo 4. GOVERNMENTAL COMMERCIAL PAPER NOTES

  1. 50-17-90Definitions.
  2. 50-17-91Governed by general provisions on commercial paper; issuance of security by governmental entity; requirements of governing body; renewal and reissuance of commercial paper.

Artículo 5. INTEREST RATE MANAGEMENT

  1. 50-17-100Definitions.
  2. 50-17-101Guidelines, rules, and regulations for interest rate management plans and agreements; authority to enter into, modify, or terminate; disposition of payments under agreements; obligations, terms, and conditions; agency for state.
  3. 50-17-102Interest rate management plans.
  4. 50-17-103Requirements for interest rate management agreements; credit enhancement or liquidity agreements.
  5. 50-17-104Information required in annual financial statements.
  6. 50-17-105Applicability of state law; jurisdiction.