Georgia Code
Part 1 - Jekyll Island—state Park Authority
§ 12-3-253. Revenue Bonds — Form of Bonds; Denominations; Place of Payment of Principal and Interest; Issuance in Coupon or Registered Form; Registration of Coupon Bonds

The authority shall determine the form of the bonds, including any interest coupons to be attached thereto, and shall fix the denomination or denominations of the bonds and the place or places of payment of principal and interest thereof, which may be at any bank or trust company within or without the state. The bonds may be issued in coupon or registered form, or both, as the authority may determine, and provision may be made for the registration of any coupon bond as to principal alone and also as to both principal and interest.
History. Ga. L. 1950, p. 152, § 17; Ga. L. 1952, p. 276, § 4; Ga. L. 1960, p. 89, § 1.

Structure Georgia Code

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

§ 12-3-230. Short Title

§ 12-3-231. Definitions

§ 12-3-232. Creation of Authority as Instrumentality of State and Public Corporation; Delegation of Powers and Duties; Duration of Existence

§ 12-3-233. Appointment of Members; Terms; Vacancies; Officers; Quorum; Reimbursement for Expenses; Members as Constituting Policy-Making Body of Authority; Executive Director

§ 12-3-233.1. Jekyll Island Citizens Resource Council; Purpose; Members; Meetings; Reimbursement for Expenses

§ 12-3-234. Accountability of Authority Members as Trustees; Maintenance of Financial Records and Books; Creation of Jekyll Island—state Park Authority Oversight Committee

§ 12-3-235. Powers of Authority Generally

§ 12-3-236. Exercise of Police Power of Authority; Delegation of Power to State or County

§ 12-3-236.1. [Effective Until July 1, 2023. See note.] Adoption and Enforcement of Ordinances and Resolutions

§ 12-3-236.1. [Effective July 1, 2023. See note.] Adoption and Enforcement of Ordinances and Resolutions

§ 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

§ 12-3-241. Lease to Authority of Jekyll Island, Adjacent Marshes and Marsh Islands, Rights of Way, and Rights and Privileges of Every Kind

§ 12-3-242. Lease Payments by Authority as Constituting Good, Valuable, and Sufficient Consideration

§ 12-3-243. Subdivision, Improvement, Lease, or Sale of Island by Authority — Limitations on Developed Area; Beaches to Remain Free and Open; Protected Areas; Disposition of Proceeds of Sale; Creation of Reserve Fund; Signing Conveyances

§ 12-3-243.1. Master Plan as to Jekyll Island; Maintenance; Contents; Adherence to Plan; Amendments

§ 12-3-244. Subdivision, Improvement, Lease, or Sale of Island by Authority — Sale and Lease Restrictions

§ 12-3-245. Subdivision, Improvement, Lease, or Sale of Island by Authority — Term of Leases; Assignment; Preservation, Continuance, and Survival of Rights and Privileges

§ 12-3-246. Subdivision, Improvement, Lease, or Sale of Island by Authority — Limitation as to Number of Lots to Be Leased or Sold to One Party

§ 12-3-247. Subdivision, Improvement, Lease, or Sale of Island by Authority — Conditions on Sale of Residential Lots; Sale of Commercial Property; Sale Price; Payment of State’s Share Into State Treasury

§ 12-3-248. Subdivision, Improvement, Lease, or Sale of Island by Authority — Sales of Property for Which Approval by General Assembly Is Required

§ 12-3-249. Subdivision, Improvement, Lease, or Sale of Island by Authority — Publication of Schedule of Lease Rentals; Applications Exceeding Available Lots; Leasing by Negotiation; Leases as Constituting Contracts

§ 12-3-250. Subdivision, Improvement, Lease, or Sale of Island by Authority — Conversion Prices of Lots

§ 12-3-251. Subdivision, Improvement, Lease, or Sale of Island by Authority — Leases to Counties for Charitable Purposes

§ 12-3-252. Revenue Bonds — Issuance by Authority; Payment of Principal and Interest From Special Fund; Dating of Bonds; Determination of Rate of Interest; Medium of Payment; Redemption Before Maturity

§ 12-3-253. Revenue Bonds — Form of Bonds; Denominations; Place of Payment of Principal and Interest; Issuance in Coupon or Registered Form; Registration of Coupon Bonds

§ 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

§ 12-3-257. Revenue Bonds — Use and Manner of Disbursement of Proceeds; Procedure Where Proceeds Are Less Than or Greater Than Cost of Projects

§ 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

§ 12-3-260. Revenue Bonds — Bonds of a Single Issue as Payment for One or More Projects; Immediate Effectiveness of Resolutions Providing for Issuance of Bonds; Time and Manner of Passage of Resolutions

§ 12-3-261. Revenue Bonds — Status as Constituting Debt or Pledge of Faith and Credit of State; Effect of Issuance on Obligation of State to Tax or Make Appropriation; Recitals on Face of Bonds

§ 12-3-262. Revenue Bonds — Securing by Trust Indenture

§ 12-3-263. Revenue Bonds — Payment of Proceeds to Trustee

§ 12-3-264. Revenue Bonds — Pledging and Allocating Funds to Payment of Bonds; Establishment of Sinking Fund for Payment of Principal, Interest, and Other Costs

§ 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

§ 12-3-268. Revenue Bonds — Protection of Bondholders; Part As Constituting a Contract With Bondholders

§ 12-3-269. Revenue Bonds — Validation

§ 12-3-270. Use of Rentals and Other Charges Collected From Leases and Contracts for Projects; Obligations Under Lease Contracts With Authority; Failure or Refusal of Lessee to Perform; Assignment of Rentals Due

§ 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

§ 12-3-276. Supplemental Nature of Part

§ 12-3-277. Construction of Part