Resolutions for the issuance of bonds may be adopted 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 article. In the discretion of the authority, 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 at any one location or any number of locations. Any resolution providing for the issuance of bonds under this article shall become effective immediately upon its passage and need not be published or posted, and any such resolution may be passed at any regular or special or adjourned meeting of the authority by a majority of its members.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. 1953, Jan.-Feb. Sess., p. 626, § 22; Ga. L. 1955, p. 124, § 23; Ga. L. 1967, p. 385, § 22; Code 1933, § 95A-1222, enacted by Ga. L. 1973, p. 947, § 1.
Structure Georgia Code
Title 32 - Highways, Bridges, and Ferries
Chapter 10 - Public Authorities
Article 1 - Georgia Highway Authority
§ 32-10-30. Power of Authority to Issue Bonds Generally; Attributes of Bonds Generally
§ 32-10-32. Form and Issuance of Bonds
§ 32-10-33. Signing Bonds; Affixing Authority’s Seal to Bonds
§ 32-10-34. Bonds as Negotiable Instruments; Tax Exemption
§ 32-10-36. Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds
§ 32-10-37. Replacement of Lost or Mutilated Bonds
§ 32-10-38. Resolutions for Bond Issuance; Issuance of Bonds of a Single Issue
§ 32-10-39. Effect of Bond Issuance on State Debt; Recitals on Face of Bonds Regarding Such Effect
§ 32-10-40. Trust Indentures as Security for Bonds
§ 32-10-41. Payment of Bond Proceeds to Trustee
§ 32-10-42. Pledges of Revenues, Rents, and Earnings; Creation and Disposition of Sinking Funds
§ 32-10-45. Investment of Funds in Bonds; Deposit of Bonds as Securities
§ 32-10-46. Protection of Interests and Rights of Bondholders
§ 32-10-47. Confirmation and Validation of Bonds
§ 32-10-48. Adjudication Regarding Lease Contracts and Rental Income
§ 32-10-49. Covenant With Holders of Bonds as to Tax-Exempt Status of Authority Property and Bonds