Georgia Code
Chapter 2 - Georgia Ports Authority
§ 52-2-11. Power of Authority to Borrow Money, to Execute Evidences of Indebtedness, and to Secure Such Indebtedness; Sale and Other Disposition of Property; Utilization of Proceeds of Sale

The Georgia Ports Authority shall have and may exercise the following powers:
History. Ga. L. 1958, p. 714, § 1; Ga. L. 1982, p. 3, § 52; Ga. L. 2010, p. 897, § 4/HB 1060.

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Structure Georgia Code

Georgia Code

Title 52 - Waters of the State, Ports, and Watercraft

Chapter 2 - Georgia Ports Authority

§ 52-2-1. Short Title

§ 52-2-2. Definitions

§ 52-2-3. Projects Which May Be Considered Self-Liquidating; Lease or Sale of Manufacturing or Processing Facilities; Inclusion in Projects of Leased Facilities and Facilities Acquired for Use as Ports

§ 52-2-4. Creation of Authority; Status of Authority as an Instrumentality of State and a Public Corporation

§ 52-2-5. Composition of Authority; Appointment, Terms, and Qualifications of Members Generally; Filling of Vacancies; Election of Chairperson, Vice Chairperson, and Secretary-Treasurer; Quorum

§ 52-2-6. Compensation of Members and Reimbursement for Expenses

§ 52-2-7. Making of Rules and Regulations; Delegation of Powers and Duties; Perpetual Existence of Authority

§ 52-2-8. Eligibility for Membership

§ 52-2-9. Powers of Authority Generally

§ 52-2-10. Applicability of Traffic Laws; Enforcement by Peace Officers; Traffic Citations; Issuance of Bench Warrant Upon Failure of Offender to Appear; Enforcement of Dock Related City Ordinances; Venue

§ 52-2-11. Power of Authority to Borrow Money, to Execute Evidences of Indebtedness, and to Secure Such Indebtedness; Sale and Other Disposition of Property; Utilization of Proceeds of Sale

§ 52-2-12. Funds for Acquisition of Land and Construction of Port Facilities

§ 52-2-13. Approval and Consent of State Properties Commission for Acquisition of Real Property by Authority

§ 52-2-14. Conveyance of Medical Depot Site to Authority; Power to Sell Conveyed Surplus Lands and Improvements; Power to Borrow and to Issue Revenue Anticipation Certificates

§ 52-2-15. Revenue Bonds — Issuance; Payment of Principal and Interest From Special Fund; Dating of Bonds; Determination of Rate of Interest; Time of Maturity; Redemption Before Maturity

§ 52-2-16. Revenue Bonds — Form of Bonds; Denominations; Place of Payment of Principal and Interest

§ 52-2-17. Revenue Bonds — Signatures; Seal

§ 52-2-18. Revenue Bonds — Status of Bonds as Negotiable Instruments; Tax Exemption for Bonds and for Income Therefrom

§ 52-2-19. Revenue Bonds — Issuance in Coupon, Registered, or Book-Entry Form

§ 52-2-20. Revenue Bonds — Determination of Price; Use and Manner of Disbursement of Proceeds; Procedure Where Proceeds Are Less Than or Greater Than Cost of Projects

§ 52-2-21. Revenue Bonds — Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds; Replacement of Mutilated, Destroyed, or Lost Bonds

§ 52-2-22. Revenue Bonds — Conditions Precedent to Issuance; Application of Bonds of a Single Issue to Payment of One or More Projects; Effective Date of Resolutions Providing for Issuance; Passage of Resolutions

§ 52-2-23. Revenue Bonds — Aid by Georgia State Financing and Investment Commission

§ 52-2-24. Revenue Bonds — Status of Bonds as a Debt of State or a Pledge of Faith and Credit of State; Issuance as Obligating State to Levy Tax or Make Appropriation; Obligation to Pay Principal and Interest on Bonds; Recitals on Face of Bonds

§ 52-2-25. Revenue Bonds — Securing of Bonds by Trust Indenture

§ 52-2-26. Revenue Bonds — Remedies of Bondholders and Trustee

§ 52-2-27. Revenue Bonds — Protection of Rights of Bondholders

§ 52-2-28. Revenue Bonds — Revenue Refunding Bonds

§ 52-2-29. Revenue Bonds — Status of Bonds as Legal Investments and as Securities for Deposits

§ 52-2-30. Revenue Bonds — Confirmation and Validation of Bonds; Venue of Actions to Confirm and Validate Bonds or to Enforce Rights Under Chapter

§ 52-2-31. Power of Authority to Fix, Revise, and Collect Charges; Factors Governing Determination of Amount of Rentals and Other Charges; Creation, Use, and Disposition of Sinking Fund; Cancellation of Purchased or Redeemed Bonds

§ 52-2-32. Status of Contracted-for Rentals as Obligations of State; Payment of Rentals; Power of Authority to Enforce Lessees’ Duty to Perform Covenants and Obligations; Assignment of Rentals Due

§ 52-2-33. Duty of Authority to Prescribe Rules and Regulations for Operation of Projects; Duty of Authority to Impose and Collect Rentals and Other Charges for Use of Facilities of Projects

§ 52-2-34. Acceptance of Grants From Federal Agencies and of Contributions of Money and Property From Other Sources

§ 52-2-35. Requirement as to Competitive Bidding for Contracts for New Construction

§ 52-2-36. Status of Moneys Received Under Chapter as Trust Funds; Provision by Authority for Payment of Moneys to Designated Trustee; Investment of Moneys; Sale of Investments and Reinvestment

§ 52-2-37. Creation of Authority and Carrying Out of Authority’s Corporate Purpose as Constituting a Public Purpose; Covenant With Bondholders as to Tax-Exempt Status of Authority’s Property

§ 52-2-38. Construction of Chapter

§ 52-2-39. Supplemental Nature of Chapter