Bonds of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates; mature at such time or times; bear interest at such rate or rates; be in such denomination or denominations; be in such form, either coupon or registered; carry such conversion or registration privileges; have such rank or priority; be executed in such manner; be payable in such medium of payment, at such place or places; and be subject to such terms of redemption, with or without premium, as such resolution, its trust indenture, or mortgage may provide.
History. Ga. L. 1937, p. 210, § 15; 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. 1970, p. 113, § 1; Ga. L. 1971, p. 94, § 1; Ga. L. 1980, p. 1094, § 1.
Cross references.
Repeal of interest rate limitations, § 36-82-123 .
Structure Georgia Code
Title 8 - Buildings and Housing
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
§ 8-3-73. Bonds — Form; Terms; Rate of Interest
§ 8-3-74. Bonds — Public Sale of Bonds; Exceptions
§ 8-3-75. Bonds — Validity of Signatures; Negotiability
§ 8-3-76. Bonds — Effect of Recital of Purpose on Face of Bond
§ 8-3-77. Powers of Authorities as to Securing Payment of Bonds and Lease Obligations
§ 8-3-78. Remedies of Obligee of an Authority Generally
§ 8-3-79. Additional Remedies Conferrable on Obligee by an Authority
§ 8-3-81. Bonds and Other Obligations of Authorities as Legal Investments