It is found, determined, and declared that the consideration paid and given and to be paid and given to the State of Georgia by the authority for its leasehold and privileges thereunder is good and valuable and sufficient consideration therefor and that this action on the part of the authority and the state is in the interest of the public welfare of the State of Georgia and its citizens.
History. Ga. L. 1950, p. 152, § 9.
Structure Georgia Code
Title 12 - Conservation and Natural Resources
Chapter 3 - Parks, Historic Areas, Memorials, and Recreation
Article 7 - Public Authorities
Part 1 - Jekyll Island—state Park Authority
§ 12-3-235. Powers of Authority Generally
§ 12-3-236. Exercise of Police Power of Authority; Delegation of Power to State or County
§ 12-3-236.2. Continuation of Ordinances and Resolutions of Authority in Force as of April 13, 1981
§ 12-3-237. Rules and Regulations for Operation of Projects Authorized
§ 12-3-238. Easements and Rights of Way for Intracoastal Waterway
§ 12-3-239. Establishment of Museum
§ 12-3-240. Transfer of Funds to Authority; Cooperation Between Authority and Department
§ 12-3-242. Lease Payments by Authority as Constituting Good, Valuable, and Sufficient Consideration
§ 12-3-243.1. Master Plan as to Jekyll Island; Maintenance; Contents; Adherence to Plan; Amendments
§ 12-3-254. Revenue Bonds — Signatures; Seal
§ 12-3-255. Revenue Bonds — Status as Negotiable Instruments
§ 12-3-256. Revenue Bonds — Manner of Sale; Determination of Price
§ 12-3-258. Revenue Bonds — Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds
§ 12-3-259. Revenue Bonds — Replacement of Mutilated, Destroyed, or Lost Bonds
§ 12-3-262. Revenue Bonds — Securing by Trust Indenture
§ 12-3-263. Revenue Bonds — Payment of Proceeds to Trustee
§ 12-3-265. Revenue Bonds — Remedies of Bondholders, Coupon Holders, and Trustees
§ 12-3-266. Revenue Bonds — Revenue Refunding Bonds
§ 12-3-267. Revenue Bonds — Status as Legal Investment and as Securities for Deposits
§ 12-3-269. Revenue Bonds — Validation
§ 12-3-271. Utilization of Income and Revenues
§ 12-3-272. Acceptance by Authority of Grants and Contributions
§ 12-3-273. Moneys Received by Authority as Constituting Trust Funds
§ 12-3-274. Authority Property, Activities, Income, and Bonds Exempt From Taxation and Assessment
§ 12-3-275. Venue and Jurisdiction for Actions Under Part