Revenue bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and things which are specified or required by this chapter. In the discretion of the authority, revenue bonds of a single issue may be issued for the purpose of paying the cost of any one or more, including a combination of, projects at any one unit or any number of units. Any resolution providing for the issuance of revenue bonds under this chapter shall become effective immediately upon its passage and need not be published or posted. Any such resolution may be passed at any regular or special or adjourned meeting of the authority by a majority of its full membership.
History. Code 1981, § 20-16-9 , enacted by Ga. L. 2006, p. 783, § 1/SB 562.
Structure Georgia Code
Chapter 16 - Georgia Higher Education Facilities Authority
§ 20-16-2. Definitions; “Self-Liquidating” Projects
§ 20-16-9. Timing of Issuance of Revenue Bonds
§ 20-16-10. Bonds Do Not Create a Debt of the State; Recitals on Face of Bonds
§ 20-16-11. Investment in Bonds by Public Officers and Public Bodies
§ 20-16-12. Bonds and Income Therefrom Exempt From Taxation
§ 20-16-13. Attorney General to Provide Legal Services for the Authority; Accountability
§ 20-16-15. Funds Received Pursuant to This Chapter to Be Held in Trust
§ 20-16-16. Additional and Alternative Method
§ 20-16-17. Liberal Construction of Chapter
§ 20-16-18. Creation of Georgia Higher Education Facilities Authority Committee