This chapter shall be liberally construed to effect the purposes hereof. The offer, sale, or issuance of bonds, notes, or other obligations by any authority shall not be subject to regulation under Chapter 5 of Title 10, the “Georgia Uniform Securities Act of 2008.” No notice, proceeding, or publication except those required by this chapter shall be necessary to the performance of any act authorized by this chapter, nor shall any such act be subject to referendum.
History. Ga. L. 1981, p. 1744, § 10; Ga. L. 2008, p. 381, § 10/SB 358.
Structure Georgia Code
Chapter 42 - Downtown Development Authorities
§ 36-42-2. Legislative Purpose
§ 36-42-4. Creation of Authorities; Appointment and Terms of Directors; Quorum
§ 36-42-6. Action by Resolution Subsequent to Activating Authority
§ 36-42-7. Qualifications and Reimbursement of Directors; Election of Officers; Training
§ 36-42-8. Powers of Authorities Generally
§ 36-42-9. Revenue Bonds Generally
§ 36-42-12. Obligations of Authorities Not Public Debt of State or Political Subdivision Thereof
§ 36-42-13. Constitutional Authority for Enactment of Chapter; Tax Exemption
§ 36-42-14. Effect of Chapter on Other Public Authorities
§ 36-42-15. Construction of Chapter; Applicability of the “Georgia Uniform Securities Act of 2008.”