The provisions of this article shall be liberally construed to effect its stated purpose. The offer, sale, or issuance of bonds, notes, or other obligations by the authority shall not be subject to regulation under the Georgia laws regulating the sale of securities, as heretofore and hereafter amended. No notice, proceeding, or publication except those required by this article shall be necessary to the performance of any act authorized by this article, nor shall any such act be subject to referendum.
History. Code 1981, § 46-9-329 , enacted by Ga. L. 2000, p. 1117, § 1.
Structure Georgia Code
Title 46 - Public Utilities and Public Transportation
Chapter 9 - Transportation of Freight and Passengers Generally
Article 11 - Southwest Georgia Railroad Excursion Authority
§ 46-9-321. Creation; Administrative Assignment
§ 46-9-324. Membership; Civil Office; Chairperson; Conflicts of Interest; Compensation
§ 46-9-325. Members Accountable as Trustees; Records
§ 46-9-326. Revenue Bonds, Notes, and Other Obligations
§ 46-9-327. Provisions of Obligations; Use of Proceeds; Form of Bonds
§ 46-9-328. Implementation of Rail Passenger Excursion Projects
§ 46-9-329. Liberal Construction of Provisions
§ 46-9-330. Indebtedness Not Obligation of State or Political Subdivision
§ 46-9-331. Purpose of Authority’s Creation; Tax Exemption
§ 46-9-332. Authorization for Rail Passenger Excursion Projects Not Limited