By joint action of the board of trustees of an authority and the governing bodies of participating units, authorities created under and pursuant to the terms of this article may be dissolved, provided that no such dissolution shall in any way impair the rights of third persons or the contracts of the authority with such third persons. Disposition to be made of the property of the authority upon dissolution shall be covered in any resolution adopted by the participating units and the board of trustees of the authority. At no time, however, shall any authority upon dissolution convey any of its property, except as may be otherwise authorized by law, to any private person, association, or corporation.
History. Ga. L. 1941, p. 241, § 13; Code 1933, § 88-1817, enacted by Ga. L. 1964, p. 499, § 1.
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