Georgia Code
Part 4 - Obligations on Bonds and Leases
§ 8-3-79. Additional Remedies Conferrable on Obligee by an Authority

An authority shall have power by its resolution, trust indenture, mortgage, lease, or other contract to confer upon any obligee holding or representing a specified amount in bonds, or holding a lease, the right, in addition to all rights that may otherwise be conferred, upon the happening of an event of default as defined in such resolution or instrument, by suit, action, or proceeding in any court of competent jurisdiction:
History. Ga. L. 1937, p. 210, § 18; Ga. L. 1939, p. 126, §§ 2, 3; Ga. L. 1951, p. 127, §§ 2, 3; Ga. L. 1959, p. 141, §§ 2, 3; Ga. L. 1962, p. 734, §§ 2, 3; Ga. L. 1971, p. 94, § 1; Ga. L. 1990, p. 8, § 8.

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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