Georgia Code
Part 3 - Lake Lanier Islands Development Authority
§ 12-3-325. Revenue Bonds — Signatures; Seal

In case any officer whose signature appears on any bonds or whose facsimile signature appears on any coupon ceases 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 or vice-chairman of the authority, and the official seal of the authority shall be affixed thereto and attested by the secretary or assistant secretary of the authority; and any coupons attached thereto shall bear the signature or facsimile signature of the chairman or vice-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 or 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. 1962, p. 736, § 13; Ga. L. 1969, p. 397, § 2.

Structure Georgia Code

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

§ 12-3-310. Definitions

§ 12-3-311. Creation of Authority; Delegation of Powers and Duties; Duration of Authority’s Existence

§ 12-3-312. Membership of Authority; Election of Officers; Bylaws; Quorum; Action by Majority Vote; Voting by Proxy; Effect of Vacancy; Reimbursement for Expenses; Compensation of Employees

§ 12-3-313. Accountability of Members as Trustees; Maintenance of Financial Records and Books; Submitting Records, Books, and Statement of Financial Position to State Auditor

§ 12-3-314. Powers of Authority Generally

§ 12-3-314.1. Master Plan; Creation; Contents; Notice and Hearing on Preliminary Plan; Adherence to Plan; Amendment

§ 12-3-315. Exercise of Police Powers by Authority; Delegation of Powers

§ 12-3-316. Security Force

§ 12-3-317. Lease Payments by Authority as Constituting Good, Valuable, and Sufficient Consideration

§ 12-3-318. Purposes for Which Income, Gifts, Grants, Appropriations, Bonds, or Loans May Be Used; Consultation With Others; Projects for Lake Lanier Watershed Area

§ 12-3-319. Location, Construction, Improvement, and Maintenance of Highways, Streets, Roads, and Rights of Way

§ 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

§ 12-3-323. Revenue Bonds — Power of Authority to Issue Bonds; Payment of Principal and Interest; Dating of Bonds; Determination of Maturity Dates, Interest Rates, and Medium of Payments; Redemption Before Maturity

§ 12-3-324. Revenue Bonds — Form of Bonds; Interest Coupons; Denominations; Place of Payment; Issuance in Coupon or Registered Form; Registration of Coupon Bonds

§ 12-3-325. Revenue Bonds — Signatures; Seal

§ 12-3-326. Revenue Bonds — Status as Negotiable Instruments; Tax Exemption for Bonds and Income Therefrom

§ 12-3-327. Revenue Bonds — Manner of Sale; Determination of Price; Use and Manner of Disbursement of Proceeds

§ 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

§ 12-3-330. Revenue Bonds — Bonds; Application of 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

§ 12-3-331. Revenue Bonds — Status as Constituting Debt or Pledge of Faith or Credit of State; Effect of Issuance on Obligation of State to Tax or Make Appropriations; Recitals on Face of Bonds

§ 12-3-332. Revenue Bonds — Securing by Trust Indenture

§ 12-3-333. Revenue Bonds — Designation of Recipient of Bond Proceeds

§ 12-3-334. Revenue Bonds — Establishment of Sinking Fund for Payment of Principal, Interest, and Other Costs

§ 12-3-335. Revenue Bonds — Remedies of Bondholders, Coupon Holders, and Trustees

§ 12-3-336. Revenue Bonds — Revenue Refunding Bonds

§ 12-3-337. Revenue Bonds — Protection of Bondholders; Part As Constituting a Contract With Bondholders

§ 12-3-338. Revenue Bonds — Validation

§ 12-3-339. Authority Property, Activities, Income, and Bonds Exempt From Taxation and Assessment

§ 12-3-340. Conflicts of Interest; Applicability of Other Laws Regulating Conduct; Contracts Voidable by Authority

§ 12-3-341. Venue and Jurisdiction of Actions Under Part