The Governor is authorized to execute for and on behalf of the state a lease of lands owned by the state, or any part or parcel thereof, to the authority for a period not to exceed 50 years.
History. Ga. L. 1964, p. 369, § 1; Ga. L. 1968, p. 297, § 6; Ga. L. 1993, p. 1683, § 4.
Cross references.
Revenue bonds generally, § 36-82-60 et seq.
Structure Georgia Code
Title 12 - Conservation and Natural Resources
Chapter 3 - Parks, Historic Areas, Memorials, and Recreation
Article 7 - Public Authorities
Part 2 - North Georgia Mountains Authority
§ 12-3-294. Powers of Authority Generally
§ 12-3-296. Provision of Legal Services by Attorney General
§ 12-3-297. Lease of State Lands to Authority
§ 12-3-298. Revenue Bonds — Issuance for Purpose of Paying for Cost of Projects
§ 12-3-299. Jurisdiction of Authority
§ 12-3-300. Approval of Indebtedness by Georgia State Financing and Investment Commission