Georgia Code
Article 3 - Municipal Electric Authority of Georgia
§ 46-3-137. Application of Bond Proceeds to Cost of Projects; Issuance of Additional Bonds to Remedy Deficit in Proceeds From Bond Issue; Application of Surplus Proceeds

History. Ga. L. 1975, p. 107, § 21.

Structure Georgia Code

Georgia Code

Title 46 - Public Utilities and Public Transportation

Chapter 3 - Electrical Service

Article 3 - Municipal Electric Authority of Georgia

§ 46-3-110. Declaration of Necessity

§ 46-3-111. Definitions

§ 46-3-112. Creation of Authority; Status of Authority as Instrumentality of State; Location of Principal Office and Legal Situs or Residence of Authority

§ 46-3-113. Number of Members of Authority; Creation of Municipal Electric Committee of Georgia Membership Election Committee; Designation of Members; Selection of Officers; Receiving of Nominations, Election and Terms of First Members of Authority

§ 46-3-114. Residency Requirements for Authority Members; Ineligibility of Election Committee Representatives for Membership; Eligibility of Members to Succeed Themselves

§ 46-3-115. Terms of Authority Members Generally; Time of Meeting of Election Committee Prior to Annual Meeting of Authority

§ 46-3-116. Selection of Additional Representatives to Election Committee by Political Subdivisions Subsequently Contracting With Authority

§ 46-3-117. Manner of Distribution of Votes Among Representatives to Election Committee; Quorum of Election Committee

§ 46-3-118. Vacancies on Authority

§ 46-3-119. Officers of Authority

§ 46-3-120. Quorum of Authority; Action by Majority Vote; Adjournment of Meetings at Which Less Than a Majority Is Present

§ 46-3-121. Annual Meeting of Authority; Special Meetings; Notice of Meetings; Waiver of Notice; Regular Meetings Other Than Annual Meeting

§ 46-3-122. Reimbursement of Members for Expenses; Making of Rules and Regulations by Authority; Employment of Staff and Personnel; Designation of Assistant Secretary-Treasurer

§ 46-3-123. Removal of Authority Members From Office

§ 46-3-124. Books and Records Generally

§ 46-3-125. Purpose of Authority

§ 46-3-126. Powers of Authority Generally

§ 46-3-127. Policy as to Nonprofit Operation of Projects by Authority; Fixing of Rates, Fees, and Charges by Authority

§ 46-3-128. Declaration of Authority Property as Public Property; Payments by Authority in Lieu of Taxes; Tax Exemption for Authority Property, Income, Obligations, and Debt Interest

§ 46-3-129. Contracts Between Authority and Political Subdivisions for Use of Projects and Facilities of Authority

§ 46-3-130. Eligibility of Political Subdivisions to Contract With Authority

§ 46-3-131. Issuance of Revenue Bonds and Bond Anticipation Notes in General

§ 46-3-132. Validation of Contracts for Payments Pledged as Security for Bonds

§ 46-3-133. Failure of District Attorney to Pursue Judicial Validation of Bonds

§ 46-3-134. Bonds as Legal Investments; Depositing Bonds With Public Officers and Bodies of State

§ 46-3-135. Pledge of Authority’s Revenues and Earnings to Payment of Principal of and Interest on Bonds; Setting Aside of Pledged Revenues and Earnings Into Sinking Funds

§ 46-3-136. Securing of Bonds by Trust Agreement or Indenture

§ 46-3-137. Application of Bond Proceeds to Cost of Projects; Issuance of Additional Bonds to Remedy Deficit in Proceeds From Bond Issue; Application of Surplus Proceeds

§ 46-3-138. Mutilated, Lost, Stolen, or Destroyed Bonds and Coupons

§ 46-3-139. Interest on Bonds

§ 46-3-140. Cancellation of Evidences of Indebtedness and Interest Coupons

§ 46-3-141. Records of Evidences of Indebtedness Issued

§ 46-3-142. Paying Agents for Bonds

§ 46-3-143. Bond Anticipation Notes

§ 46-3-144. Negotiability of Bonds, Notes, and Other Evidences of Debt

§ 46-3-145. Liability of Members of Authority on Bonds and Notes; Obligations of State and Political Subdivisions in Regard to Issued Bonds or Notes; Requirement as to Recital on Face of Bonds and Notes

§ 46-3-146. Preservation of Interests and Rights of Owners of Bonds and Notes

§ 46-3-147. Appointment of Receiver for Authority for Default on Bonds; Duties of Receiver; Termination of Receivership; Jurisdiction of Court Over Receiver

§ 46-3-148. Fixing, Revising, and Collecting Fees, Tolls, and Charges for Use of Projects; Application of Revenues; Time of Payment; Indemnity by Political Subdivisions; Enforcement; Assignment of Payments; Issuing Resolutions Governing Disposition o...

§ 46-3-149. Status of Authority’s Funds Received From Revenue Bonds, Fees, Tolls, Charges, Gifts, Grants, or Other Contributions as Trust Funds; Lien of Bond Owners on Funds

§ 46-3-150. Audits of Authority and of Funds Established in Connection With Its Debt

§ 46-3-151. Venue of Actions

§ 46-3-152. Jurisdiction of Commission Over Rates, Services, and Practices of Authority

§ 46-3-153. Applicability of Other Laws to Meetings and Records of Authority

§ 46-3-154. Supplemental Nature of Powers Conferred by Article

§ 46-3-155. Construction of Article