The issuance of any bond, revenue bond, note, or other obligation or incurring of debt, public or otherwise, by the authority must be approved by the commission established by Article VII, Section IV, Paragraph VII of the Constitution of the State of Georgia of 1983 or its successor.
History. Code 1981, § 50-39-39 , enacted by Ga. L. 2018, p. 377, § 2-1/HB 930.
Structure Georgia Code
Chapter 39 - Atlanta-Region Transit Link “Atl” Authority
§ 50-39-30. Utilization of Funding Resources
§ 50-39-31. Responsibility for Use of Federal Funds
§ 50-39-33. Guaranteed Revenue Bonds; Exemption From Taxation
§ 50-39-34. Bonds as Securities; Investments
§ 50-39-35. Protection and Assurances to Bond Owners
§ 50-39-36. Exemption From Georgia Uniform Securities Act
§ 50-39-37. State Debt Not Created; Guarantee of Payment
§ 50-39-38. Authority Is Created for Benefit of the State’s People; Tax Exemption