Georgia Code
Part 1 - Jekyll Island—state Park Authority
§ 12-3-254. Revenue Bonds — Signatures; Seal

In case any officer whose signature shall appear on any bonds or whose facsimile signature shall appear on any coupon shall cease to be such officer before the delivery of such bonds, such signature shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until such delivery. All such bonds shall be signed by the chairman of the authority, and the official seal of the authority shall be affixed thereto and attested by the secretary of the authority; and any coupons attached thereto shall bear the signature or facsimile signature of the chairman of the authority. Any coupon may bear the facsimile signature of such person, and any bond may be signed, sealed, and attested on behalf of the authority by such persons, as at the actual time of the execution of such bonds shall be duly authorized to so sign, seal, or attest or shall hold the proper office, although at the date of such bonds such persons may not have been so authorized or shall not have held such office.
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