Georgia Code
Part 3 - Georgia Education Authority (Schools)
§ 20-2-553. Powers of Authority

The authority shall have the power:
History. Ga. L. 1951, p. 241, § 4; Ga. L. 1956, p. 11, § 1; Ga. L. 1974, p. 1215, § 6; Ga. L. 1983, p. 3, § 53; Ga. L. 2005, p. 319, § 1/HB 372; Ga. L. 2010, p. 1001, § 3/HB 936; Ga. L. 2015, p. 385, § 2-5/HB 252.
The 2015 amendment, effective July 1, 2015, deleted subsection (a) designation and deleted former subsection (b), which read: “The validity of any bonds issued by the authority for projects certified as eligible for state development assistance under Code Section 45-12-170 and issued prior to the time the first general obligation debt was incurred under Article VII, Section III, Paragraph I of the Constitution of 1945 shall not be impaired; but no future such bonds shall be issued.”
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2005, a period was deleted at the end of paragraph (a)(5) (now paragraph 5).
Editor’s notes.
Ga. L. 2015, p. 385, § 1-1/HB 252, not codified by the General Assembly, provides that: “This Act shall be known and may be cited as the ‘J. Calvin Hill, Jr., Act.’

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