Georgia Code
Part 4 - Stone Mountain Memorial Association
§ 12-3-218. Moneys Received by Association as Constituting Trust Funds; Bondholders’ Lien on Funds

All moneys received pursuant to the authority of this part, whether as proceeds from the sale of bonds or as revenues, tolls, and earnings, shall be deemed trust funds to be held and applied solely as provided in this part. The bondholders paying or entitled to receive the benefit of such funds shall have a lien on all such funds until applied as provided for in any resolution or trust indenture of the association.
History. Ga. L. 1958, p. 61, § 30.

Structure Georgia Code

Title 12 - Conservation and Natural Resources

Chapter 3 - Parks, Historic Areas, Memorials, and Recreation

Article 6 - Memorials

Part 4 - Stone Mountain Memorial Association

§ 12-3-190. Short Title

§ 12-3-191. Definitions

§ 12-3-192. Creation of Association

§ 12-3-192.1. Purposes of Association

§ 12-3-193. Members of Association; Terms; Vacancies; Officers; Bylaws; Quorum; Reimbursement for Expenses; Compensation of Employees; Books and Records

§ 12-3-194. Powers of Association Generally

§ 12-3-194.1. [Effective Until July 1, 2023. See note.] Police and Legislative Powers of Association; Appointment of Peace Officers; Jurisdiction and Venue of Park Offenses; Sale of Confederate Memorabilia

§ 12-3-194.1. [Effective July 1, 2023. See note.] Police and Legislative Powers of Association; Appointment of Peace Officers; Jurisdiction and Venue of Park Offenses; Sale of Confederate Memorabilia

§ 12-3-194.2. Adherence to Master Plan; Survey Required; Amendment of Plan; Uses to Which Natural District May Be Put

§ 12-3-195. Obligations of State Under Lease Contracts With Association; Failure or Refusal of Lessee to Perform; Assignment of Rentals Due

§ 12-3-196. Condemnation of Property for Developing Stone Mountain; Conveyance of Property and Rights of Way to Association; Facilities, Equipment, and Services

§ 12-3-197. Transfer of Funds to Association

§ 12-3-198. Location, Construction, Improvement, and Maintenance of Highways, Roads, Streets, and Rights of Way

§ 12-3-199. Association Fund

§ 12-3-200. Revenue Bonds — Power of Association to Adopt Resolutions Providing for and to Issue Bonds

§ 12-3-201. Revenue Bonds — Sale by Public Competitive Bidding; Determination of Price and Rate of Interest; Dating of Bonds; Payment of Principal and Interest; Time of Maturity

§ 12-3-202. Revenue Bonds — Form; Denominations; Place of Payment of Principal and Interest; Issuance in Coupon or Registered Form

§ 12-3-203. Revenue Bonds — Signatures; Seal

§ 12-3-204. Revenue Bonds — Status as Negotiable Instruments; Tax Exemption for Bonds and Income Therefrom

§ 12-3-205. Revenue Bonds — Use and Manner of Disbursement of Proceeds; Procedure Where Proceeds Are Less Than or Greater Than Cost of Projects

§ 12-3-206. Revenue Bonds — Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds

§ 12-3-207. Revenue Bonds — Replacement of Mutilated, Destroyed, or Lost Bonds

§ 12-3-208. Revenue Bonds — Immediate Effectiveness of Resolutions Providing for Issuance of Bonds; Time and Manner of Passage of Resolutions

§ 12-3-209. Revenue Bonds — Status as Constituting Debt or Pledge of Credit of State; Effect of Issuance of Bonds on Obligation of State to Tax or Make Appropriations; Recitals on Face of Bonds

§ 12-3-210. Revenue Bonds — Securing Bonds by Trust Indenture

§ 12-3-211. Revenue Bonds — Designation of Recipient of Bond Proceeds

§ 12-3-212. Revenue Bonds — Establishment of Sinking Funds for Payment of Principal, Interest, and Other Costs

§ 12-3-213. Revenue Bonds — Revenue Refunding Bonds

§ 12-3-214. Revenue Bonds — Remedies of Bondholders, Coupon Holders, and Trustee

§ 12-3-215. Revenue Bonds — Status as Legal Investment and as Securities for Deposits

§ 12-3-216. Revenue Bonds — Protection of Bondholders; Part As Constituting a Contract With Bondholders

§ 12-3-217. Revenue Bonds — Validation

§ 12-3-218. Moneys Received by Association as Constituting Trust Funds; Bondholders’ Lien on Funds

§ 12-3-219. Association Property, Activities, Income, and Bonds Exempt From Taxation and Assessment; Facilities, Services, and Charges Subject to Certain Taxes

§ 12-3-220. Venue and Jurisdiction for Actions Under Part