The authority is authorized to accept and expend such moneys as may be appropriated from time to time by the legislature and income from the operations of the authority under this subpart, subject to any resolution, trust indenture, or other agreement with the holders of any of its outstanding obligations, for the payment of expenses of administration and operations.
History. Code 1933, § 32-3740, enacted by Ga. L. 1980, p. 835, § 3.
Structure Georgia Code
Chapter 3 - Postsecondary Education
Article 7 - Scholarships, Loans, and Grants
Part 3 - Georgia Student Finance Authority
Subpart 2 - Educational Loans Financed by Revenue Bonds
§ 20-3-340. Legislative Findings; Purpose of Subpart
§ 20-3-342. Educational Loan Program Activities Authorized; Powers and Duties of Authority
§ 20-3-345. Trust Agreements Authorized; Provisions of Trust Agreements and Bond Resolutions
§ 20-3-346. Lien of Pledge of Revenues or Assets of Authority
§ 20-3-347. Moneys Received by Authority Deemed Trust Funds; Investment
§ 20-3-348. Rights of Holders of Obligations of Authority
§ 20-3-349. Obligations of Authority Are Negotiable Instruments
§ 20-3-350. Obligations of Authority Are Legal Investments and Deposits
§ 20-3-351. Issuance of Refunding Obligations by Authority
§ 20-3-352. Reserve or Replacement Funds of Authority
§ 20-3-353. Exemption of Directors and Officers of Authority From Personal Liability
§ 20-3-354. Payment of Expenses From Appropriations and Income
§ 20-3-355. Tax Exemptions of Authority and Its Bonds and Notes; Exceptions
§ 20-3-356. Interests of Bondholders Protected
§ 20-3-357. Termination or Dissolution of Authority
§ 20-3-358. SubPart And Part Deemed Supplemental to Other Laws