Georgia CommonsCapítulo 26. HOUSING AND FINANCE AUTHORITY
22 secciones · 50-26-1 a 50-26-22
- 50-26-1Short title.
- 50-26-2Legislative findings and declaration of necessity.
- 50-26-3Substitution of Georgia Housing and Finance Authority for Georgia Residential Finance Authority.
- 50-26-4Definitions.
- 50-26-5Creation of authority; composition; election and terms of officers; expense allowance; delegation of power; executive director; use of funds; legal services provided by Attorney General.
- 50-26-6Limitation on liability.
- 50-26-7Powers of authority vested in board of directors; quorum; action taken by majority.
- 50-26-8Powers of authority.
- 50-26-9Power to issue bonds and incur indebtedness; exemption from taxation.
- 50-26-10Obligations not subject to “Georgia Uniform Securities Act of 2008”; payment of operating costs; authority’s revenue; bond anticipation notes; terms of bond; replacement of bond; validation; interest rates.
- 50-26-11Bonds as securities.
- 50-26-12Payment of bond proceeds; pledges of proceeds for payment of bond.
- 50-26-13Power to secure issuance of bonds by trust agreement or indenture; contents of trust agreement or indenture.
- 50-26-14Moneys received deemed trust funds; pledge of assets, funds, and properties for payment of bonds.
- 50-26-15Annual and periodic audits and reports required.
- 50-26-16Termination of authority.
- 50-26-17Powers as to real property; reverse equity mortgages; sale of qualified mortgage bonds; administration of alternate funds; authority to issue.
- 50-26-18Facilitating economic development for enterprises.
- 50-26-19Financing acquisition, construction, and equipping of health care facilities.
- 50-26-20Competitive bidding on contracts not required.
- 50-26-21Transfer of assets and obligations of Hospital Financing Authority to authority.
- 50-26-22Transfer of personnel to Department of Community Affairs.