Neither the members of an authority nor any person executing certificates on behalf of an authority shall be personally liable thereon by reason of the issuance thereof. The certificates and other obligations of an authority shall not be, and shall so state on the face thereof, a debt of the city, the county, the state or any political subdivision thereof, or any combination of subdivisions acting jointly as provided in this article. Certificates of any authority are declared to be issued for an essential public and governmental purpose and, together with interest thereon and income therefrom, shall be exempt from all taxes.
History. Ga. L. 1941, p. 241, § 7; Ga. L. 1955, p. 618, § 1; Code 1933, § 88-1808, enacted by Ga. L. 1964, p. 499, § 1.
Law reviews.
For article, “Hospital Liability for Physician Negligence in Georgia: A Realistic Approach,” see 37 Mercer L. Rev. 701 (1986).
Structure Georgia Code
Chapter 7 - Regulation and Construction of Hospitals and Other Health Care Facilities
Article 4 - County and Municipal Hospital Authorities
§ 31-7-72. Creation of Hospital Authority in Each County and Municipality
§ 31-7-72.1. Merger of Hospital Authorities
§ 31-7-73. Creation of Additional Hospital Authority in Counties With Large Populations
§ 31-7-74. Residency Requirement; Officers; Compensation; Rules and Regulations
§ 31-7-74.2. Oath to Be Taken by Members of Hospital Authority
§ 31-7-74.4. Board Members Deemed Directors Upon Sale or Lease of Hospital
§ 31-7-75. Functions and Powers
§ 31-7-75.1. Proceeds of Sale of Hospital Held in Trust to Fund Indigent Health Care
§ 31-7-78. Issuance and Sale of Negotiable Revenue Anticipation Certificates
§ 31-7-79. Liability on Revenue Certificates; Tax Exemption
§ 31-7-80. Form and Contents of Revenue Certificates; Validity of Signatures Thereon
§ 31-7-81. Confirmation and Validation of Revenue Certificates
§ 31-7-82. Enforcement of Rights of Revenue Certificate Holders; Procedure in Event of Default
§ 31-7-83. Investment of Surplus Moneys and Moneys Received Through Issuance of Revenue Certificates
§ 31-7-85. Contracts With Political Subdivisions
§ 31-7-86. Manner of Operating Property Conveyed or Leased to Authority
§ 31-7-87. Hypothecation or Mortgaging of Purchased Hospital Facilities
§ 31-7-88. Payment of General Obligations
§ 31-7-89. Procedure for Dissolution; Disposition of Property
§ 31-7-90. Annual Report; Budget
§ 31-7-91. Required Annual Audit
§ 31-7-93. Failure to Provide for Audit
§ 31-7-94. Grants to Hospital Authorities and Rural Hospital Organizations