The revenue bonds may be issued 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 or Article 1 of this chapter. 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 institution or any number of institutions. Any resolution providing for the issuance of revenue bonds under this article or Article 1 of this chapter shall become effective immediately upon its passage and need not be published or posted, and any such resolution may be passed at any regular, special, or adjourned meeting of the authority by a majority of its members.
History. Ga. L. 1951, p. 699, § 13; Ga. L. 1982, p. 3, § 50.
Structure Georgia Code
Chapter 9 - Georgia Building Authority
§ 50-9-30. Issuance Authorized; Amount; Interest; Redemption
§ 50-9-31. Form, Denomination, Place of Payment, Registration
§ 50-9-32. Valid Signatures, Seal, Attestation
§ 50-9-33. Negotiable Instruments; Exempt From Taxation
§ 50-9-34. Manner and Price of Sale
§ 50-9-36. Interim Certificates and Temporary Bonds Authorized
§ 50-9-37. Replacement of Mutilated or Lost Bonds
§ 50-9-39. Not Debt or Pledge of Credit of State; Bonds to Contain Recital of Provisions
§ 50-9-40. Trust Indentures as Security; Provisions
§ 50-9-41. Authority to Provide for Payment of Proceeds to Person or Agency as Trustee
§ 50-9-42. Sinking Fund; Pledge and Allocation of Funds to Pay Principal and Interest
§ 50-9-43. Rights and Remedies of Bondholders
§ 50-9-45. Authorized Investment and Deposit Securities
§ 50-9-46. Validation; Parties Defendant to Action; Judgment Final and Conclusive