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 part. 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 in any one city or in any one county or any number of counties. Any resolution providing for the issuance of revenue bonds under this part shall become effective immediately upon its passage and need not be published or posted.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 members.
History. Ga. L. 1951, p. 241, § 13.
Structure Georgia Code
Chapter 2 - Elementary and Secondary Education
Article 11 - Public School Property and Facilities
Part 3 - Georgia Education Authority (Schools)
§ 20-2-551. Definitions; When Project Deemed Self-Liquidating
§ 20-2-553. Powers of Authority
§ 20-2-555. Authority to Issue Revenue Bonds; Terms
§ 20-2-556. Form of Bonds; Denominations; Place of Payment; Registration
§ 20-2-557. Signing, Sealing, and Attesting Bonds
§ 20-2-559. Manner of Sale and Price of Bonds
§ 20-2-560. Use of Bond Proceeds; Additional Bonds
§ 20-2-561. Issuance of Interim Receipts or Certificates or Temporary Bonds
§ 20-2-562. Replacement of Mutilated, Destroyed, or Lost Bonds
§ 20-2-566. Trustee for Bond Proceeds
§ 20-2-568. Remedies of Bondholders, Receivers, or Indenture Trustees
§ 20-2-570. Bonds Legal Investments; Depositing Bonds
§ 20-2-571. Tax Exemption of Authority’s Property, Activities, Charges, and Bonds
§ 20-2-572. Procedure for Validating Bonds
§ 20-2-573. Venue and Jurisdiction of Actions to Enforce Rights or Validate Bonds
§ 20-2-574. Interests of Bondholders Protected
§ 20-2-575. Acceptance of Grants and Contributions From Federal and Other Sources
§ 20-2-576. Moneys Received Deemed Trust Funds
§ 20-2-577. Fixing Rentals, Installment Payments, and Charges for Use of Projects
§ 20-2-579. Rules and Regulations for Operation of Projects
§ 20-2-580. Power to Issue Revenue Bonds Not Affected