Georgia Code
Part 4 - Obligations on Bonds and Leases
§ 8-3-70. Bonds — Power of Authorities to Issue Bonds; Types of Bonds; Security for Bonds

An authority shall have power to issue bonds from time to time, in its discretion, for any of its corporate purposes. An authority shall also have power to issue refunding bonds for the purpose of paying or retiring bonds previously issued by it. An authority may issue such types of bonds as it may determine, including bonds on which the principal and interest are payable:
Any of such bonds may be additionally secured by a pledge of any revenues or a mortgage of any housing project or projects or of any other property of the authority.
History. Ga. L. 1937, p. 210, § 14; Ga. L. 1939, p. 126, § 3; Ga. L. 1951, p. 127, § 3; Ga. L. 1959, p. 141, § 3; Ga. L. 1962, p. 734, § 3; Ga. L. 1971, p. 94, § 1.

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Structure Georgia Code

Georgia Code

Title 8 - Buildings and Housing

Chapter 3 - Housing Generally

Article 1 - Housing Authorities

Part 4 - Obligations on Bonds and Leases

§ 8-3-70. Bonds — Power of Authorities to Issue Bonds; Types of Bonds; Security for Bonds

§ 8-3-71. Bonds — Liability of Commissioner, State, and Political Subdivisions; Status of Bonds in Regard to Constitutional and Statutory Debt Limitations and Restrictions

§ 8-3-72. Bonds — Exemption of Bonds and Interest From Taxation; Article as Contract by Housing Authorities and State With Bondholders and Transferees

§ 8-3-73. Bonds — Form; Terms; Rate of Interest

§ 8-3-74. Bonds — Public Sale of Bonds; Exceptions