Resolutions for the issuance of revenue 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, 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 at any one location or any number of locations. Any resolution providing for the issuance of revenue bonds under this article shall become effective immediately upon its passage and need not be published or posted; and any such resolution may be passed at any regular or special or adjourned meeting of the authority by a majority of its members.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. 302, § 20; Code 1933, § 95A-1257, enacted by Ga. L. 1973, p. 947, § 1.
Structure Georgia Code
Title 32 - Highways, Bridges, and Ferries
Chapter 10 - Public Authorities
Article 2 - State Road and Tollway Authority
§ 32-10-90. Form and Issuance of Bonds; Pledging of Tolls and Other Project Revenues
§ 32-10-90.1. Garvee Bond Provisions
§ 32-10-91. Obtaining of Loans and Issuance and Sale of Notes and Bonds; Sale of Obligations
§ 32-10-92. Bonds Authorized by Resolution; Specification of Terms; Public or Private Sale
§ 32-10-93. Execution, Seal, and Signing of Bonds
§ 32-10-94. Bonds as Negotiable Instruments; Tax Exemption
§ 32-10-96. Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds
§ 32-10-97. Replacement of Lost or Mutilated Bonds
§ 32-10-98. Resolutions for Bond Issuance; Issuance of Bonds of a Single Issue
§ 32-10-99. Credit of State Not Pledged
§ 32-10-100. Trust Indenture as Security for Bonds
§ 32-10-101. Payment of Bond Proceeds to Trustee
§ 32-10-102. Pledges of Revenues, Tolls, and Earnings; Creation and Disposition of Sinking Funds
§ 32-10-103. Rights and Remedies of Holders of Bonds or Interest Coupons and of Indenture Trustees
§ 32-10-105. Investment of Funds in Bonds; Deposit of Bonds as Securities
§ 32-10-106. Protection of Interests and Rights of Bondholders
§ 32-10-107. Confirmation and Validation of Bonds
§ 32-10-108. Transfer of Projects to State Highway System Free From Tolls
§ 32-10-109. Covenant With Holders as to Tax-Exempt Status of Authority Property and Bonds