The members of the authority shall be accountable in all respects as trustees. The authority shall keep suitable and proper books and records of all receipts, income, and expenditures of every kind and shall submit for inspection all the books together with the proper statement of the authority’s financial position once a year on or about December 31 to the state auditor. The books and records shall be inspected and audited by the state auditor at least once in each year.
History. Ga. L. 1962, p. 736, § 3; Ga. L. 1995, p. 105, § 21.
Structure Georgia Code
Title 12 - Conservation and Natural Resources
Chapter 3 - Parks, Historic Areas, Memorials, and Recreation
Article 7 - Public Authorities
Part 3 - Lake Lanier Islands Development Authority
§ 12-3-314. Powers of Authority Generally
§ 12-3-315. Exercise of Police Powers by Authority; Delegation of Powers
§ 12-3-317. Lease Payments by Authority as Constituting Good, Valuable, and Sufficient Consideration
§ 12-3-320. Power of Authority to Survey, Subdivide, Improve, and Lease Island Property
§ 12-3-321. Restrictions Under Lease; Restrictions on Subleasing
§ 12-3-322. Leasing of Property by Competitive Bidding
§ 12-3-325. Revenue Bonds — Signatures; Seal
§ 12-3-328. Revenue Bonds — Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds
§ 12-3-329. Revenue Bonds — Replacement of Mutilated, Destroyed, or Lost Bonds
§ 12-3-332. Revenue Bonds — Securing by Trust Indenture
§ 12-3-333. Revenue Bonds — Designation of Recipient of Bond Proceeds
§ 12-3-335. Revenue Bonds — Remedies of Bondholders, Coupon Holders, and Trustees
§ 12-3-336. Revenue Bonds — Revenue Refunding Bonds
§ 12-3-338. Revenue Bonds — Validation
§ 12-3-339. Authority Property, Activities, Income, and Bonds Exempt From Taxation and Assessment