Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Article 1 - Georgia Highway Authority
Part 1 - General Provisions
§ 32-10-1. Definitions - As used in this article, the term: The term shall...
§ 32-10-2. Continuation of Georgia Highway Authority; Preservation of Authority’s Powers; Protection of Rights of Bondholders Generally - History. Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 2;...
§ 32-10-3. Members; Compensation; Officers; Quorum; Record of Proceedings - History. Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 2;...
§ 32-10-4. Powers of Authority Generally - The authority shall have, in addition to any other powers...
§ 32-10-5. Conveyance of Property to Authority - History. Ga. L. 1955, p. 124, § 6; Ga. L....
§ 32-10-6. Reimbursement of Counties and Municipalities for Property, Interests, and Rights of Way Conveyed to Authority - Notwithstanding any provisions of this article to the contrary, the...
§ 32-10-7. Letting of Construction Contracts by Competitive Bids - All contracts of the authority for the construction of any...
§ 32-10-8. Initiation of Projects; Preliminary Expenses; Selection of Projects - History. Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 7;...
§ 32-10-9. Leasing of Projects - The authority, as lessor, is authorized to lease any project...
§ 32-10-10. Payment of Rentals by Lessees; Enforcement of Covenants and Obligations; Assignment of Rentals by Authority - History. Ga. L. 1955, p. 124, § 13; Ga. L....
§ 32-10-11. Cessation of Rentals; Transfer of Projects - When each and all of the bonds, interest coupons, and...
§ 32-10-12. Designation of Projects as Part of County and Municipal Public Road Systems and as Part of State Highway System - Each county or urban road project leased by the authority...
§ 32-10-13. Composition of Authority’s Fund; Purposes for Which Fund May Be Pledged or Utilized - All revenues in excess of all obligations of the authority,...
§ 32-10-14. Designation of Moneys Received Pursuant to Article as Trust Funds - All moneys received pursuant to this article, whether as proceeds...
§ 32-10-15. Effect of Article - This article shall be deemed to provide an additional and...
§ 32-10-16. Construction of Article - This article, being for the welfare of the state and...
Part 2 - Revenue Bonds
§ 32-10-30. Power of Authority to Issue Bonds Generally; Attributes of Bonds Generally - The authority shall have the power and is authorized, at...
§ 32-10-31. Sale of Bonds by Public Competitive Bidding; Determination of Sale Price and Interest Rate - All bonds of the authority shall be sold by public...
§ 32-10-32. Form and Issuance of Bonds - The authority shall determine the form of the bonds, including...
§ 32-10-33. Signing Bonds; Affixing Authority’s Seal to Bonds - In case any officer whose signature shall appear on any...
§ 32-10-34. Bonds as Negotiable Instruments; Tax Exemption - All bonds issued under this article shall have and are...
§ 32-10-35. Utilization of Bond Proceeds; Procedure in Cases Where Proceeds Are Less Than or Greater Than Cost of Project or Combined Projects - The proceeds of the bonds shall be used solely for...
§ 32-10-36. Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds - Prior to the preparation of definitive bonds, the authority, under...
§ 32-10-37. Replacement of Lost or Mutilated Bonds - The authority may also provide for the replacement of any...
§ 32-10-38. Resolutions for Bond Issuance; Issuance of Bonds of a Single Issue - Resolutions for the issuance of bonds may be adopted without...
§ 32-10-39. Effect of Bond Issuance on State Debt; Recitals on Face of Bonds Regarding Such Effect - Bonds issued under this article shall not be deemed to...
§ 32-10-40. Trust Indentures as Security for Bonds - History. Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 24;...
§ 32-10-41. Payment of Bond Proceeds to Trustee - The authority shall, in the resolution providing for issuance of...
§ 32-10-42. Pledges of Revenues, Rents, and Earnings; Creation and Disposition of Sinking Funds - History. Ga. L. 1953, Jan.-Feb. Sess., p. 626, § 26;...
§ 32-10-43. Rights and Remedies of Holders of Bonds or Interest Coupons, of Receivers for Such Holders, and of Indenture Trustees - Any holder of bonds or interest coupons issued under this...
§ 32-10-44. Refunding Bonds - The authority is authorized, subject to any prior resolution or...
§ 32-10-45. Investment of Funds in Bonds; Deposit of Bonds as Securities - The bonds authorized in Code Section 32-10-30 are deemed securities...
§ 32-10-46. Protection of Interests and Rights of Bondholders - While any of the bonds issued by the authority remain...
§ 32-10-47. Confirmation and Validation of Bonds - Bonds of the authority shall be confirmed and validated in...
§ 32-10-48. Adjudication Regarding Lease Contracts and Rental Income - In and as an integral but independent part of the...
§ 32-10-49. Covenant With Holders of Bonds as to Tax-Exempt Status of Authority Property and Bonds - It is found, determined, and declared that the creation of...
§ 32-10-50. Venue and Jurisdiction of Actions - Any action to protect or enforce any rights under this...
Article 2 - State Road and Tollway Authority
§ 32-10-60. Definitions - As used in this article, the term: (6.1) “Revenue” or...
§ 32-10-61. Continuation of State Tollway Authority as State Road and Tollway Authority - The State Tollway Authority shall continue to be a body...
§ 32-10-62. Membership; Compensation; Officers; Bylaws; Quorum; Record of Proceedings - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 2;...
§ 32-10-63. Powers of Authority Generally - The authority shall have, in addition to any other powers...
§ 32-10-63.1. Exemption for Transit Service Buses, Motor Vehicles, and Rapid Rail Systems From Requirements Relating to Identification and Regulation of Motor Vehicles - No provision of Chapter 1 of Title 40 shall apply...
§ 32-10-64. General Toll Powers; Police Powers; Operation of Vehicles Through Toll Collection Facilities; Penalties; Video Surveillance Authorized - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 8;...
§ 32-10-65. Fixing, Revising, Charging, and Collecting Tolls; Use and Disposition of Tolls Generally - The authority is authorized to fix, revise, charge, and collect...
§ 32-10-65.1. Expiration of Tolls - Every toll established under this article must expire after a...
§ 32-10-65.2. Annual Reporting - The authority shall submit an annual report to the House...
§ 32-10-66. Duty of Authority to Prescribe Rules and Regulations for Projects Generally - It shall be the duty of the authority to prescribe...
§ 32-10-67. Study, Financing, Construction, and Operation of New Projects; Cooperation and Assistance of Department of Transportation - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 6;...
§ 32-10-68. Letting of Contracts by Competitive Bids - All contracts of the authority for the construction of any...
§ 32-10-69. Conveyance of Real Property to Authority; Power to Acquire and Expend Funds for Property Interests - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 7;...
§ 32-10-70. Transfer of Real and Personal Property to Authority by Public Bodies and Officers - All counties, municipalities, and other political subdivisions of the state...
§ 32-10-71. Acquisition, Maintenance, and Operation of Tollway Projects; Collection of Parking Fees for Public Beaches - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 8;...
§ 32-10-72. Authority Fund for Excess Toll and Other Revenue - All revenue in excess of all obligations of the authority...
§ 32-10-73. Designation of Moneys Received Pursuant to Article as Trust Funds - All moneys received pursuant to the authority of this article,...
§ 32-10-74. Effect of Article - This article shall be deemed to provide an additional and...
§ 32-10-75. Construction of Article - This article, being for the welfare of the state and...
§ 32-10-77. General Assembly Approval of Funding for Street Car Projects - No funding by issuing bonds, any other state funds, or...
§ 32-10-90. Form and Issuance of Bonds; Pledging of Tolls and Other Project Revenues - The authority shall have the power and is authorized, at...
§ 32-10-90.1. Garvee Bond Provisions - History. Code 1981, § 32-10-90.1 , enacted by Ga. L....
§ 32-10-91. Obtaining of Loans and Issuance and Sale of Notes and Bonds; Sale of Obligations - The authority may authorize by resolution the following: the obtaining...
§ 32-10-92. Bonds Authorized by Resolution; Specification of Terms; Public or Private Sale - Bonds issued by the authority shall be authorized by resolution...
§ 32-10-93. Execution, Seal, and Signing of Bonds - All bonds issued by the authority shall be executed in...
§ 32-10-94. Bonds as Negotiable Instruments; Tax Exemption - All revenue bonds issued under this article shall have and...
§ 32-10-95. Utilization of Bond Proceeds; Procedure in Cases Where Proceeds Are Less Than or Greater Than Cost of Project or Combined Projects - The proceeds of the bonds shall be used solely for...
§ 32-10-96. Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds - Prior to the preparation of definitive bonds, the authority may,...
§ 32-10-97. Replacement of Lost or Mutilated Bonds - The authority may also provide for the replacement of any...
§ 32-10-98. Resolutions for Bond Issuance; Issuance of Bonds of a Single Issue - Resolutions for the issuance of revenue bonds may be adopted...
§ 32-10-99. Credit of State Not Pledged - Revenue bonds issued under this article shall not be deemed...
§ 32-10-100. Trust Indenture as Security for Bonds - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 22;...
§ 32-10-101. Payment of Bond Proceeds to Trustee - The authority shall, in the resolution providing for issuance of...
§ 32-10-102. Pledges of Revenues, Tolls, and Earnings; Creation and Disposition of Sinking Funds - History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 24;...
§ 32-10-103. Rights and Remedies of Holders of Bonds or Interest Coupons and of Indenture Trustees - Any holders of revenue bonds issued under this article or...
§ 32-10-104. Refunding Bonds - The authority is authorized, subject to any prior resolution or...
§ 32-10-105. Investment of Funds in Bonds; Deposit of Bonds as Securities - The bonds authorized in paragraph (8) of Code Section 32-10-63...
§ 32-10-106. Protection of Interests and Rights of Bondholders - While any of the bonds issued by the authority remain...
§ 32-10-107. Confirmation and Validation of Bonds - Bonds of the authority shall be confirmed and validated in...
§ 32-10-108. Transfer of Projects to State Highway System Free From Tolls - Upon payment in full of all bonds and the interest...
§ 32-10-109. Covenant With Holders as to Tax-Exempt Status of Authority Property and Bonds - It is found, determined, and declared that the creation of...
§ 32-10-110. Venue and Jurisdiction of Actions - Any action to protect or enforce any rights under this...
Part 3 - Transportation Infrastructure Bank
§ 32-10-120. Short Title - This part shall be known and may be cited as...
§ 32-10-121. Creation; Governance; Corporate Purpose; Types of Accounts - History. Code 1981, § 32-10-121 , enacted by Ga. L....
§ 32-10-122. Definitions - As used in this part, the term: History. Code 1981,...
§ 32-10-123. Authority of the Board - In administering the affairs of the bank, the board may...
§ 32-10-124. Power of Board; Meaning of Use of Word “Bank” for Purposes of This Article - History. Code 1981, § 32-10-124 , enacted by Ga. L....
§ 32-10-125. Revenue Sources - History. Code 1981, § 32-10-125 , enacted by Ga. L....
§ 32-10-126. Earnings; Establishment of Accounts and Subaccounts; Commingling of Funds - History. Code 1981, § 32-10-126 , enacted by Ga. L....
§ 32-10-127. Loans and Other Financial Assistance; Determination of Eligible Projects - History. Code 1981, § 32-10-127 , enacted by Ga. L....
§ 32-10-128. Authority of Qualified Borrowers - History. Code 1981, § 32-10-128 , enacted by Ga. L....
§ 32-10-129. Bank Exempted From Taxes and Assessments - The bank is performing an essential governmental function in the...
§ 32-10-130. Withholding of Funds - History. Code 1981, § 32-10-130 , enacted by Ga. L....
§ 32-10-131. Liability of Officer, Employee, or Committee of Bank - Neither the board nor any officer, employee, or committee of...
§ 32-10-132. Notice Prior to Action or Referendum Not Required - Notice, proceeding, or publication, except those required in this part,...
§ 32-10-133. Annual Report - Following the close of each state fiscal year, the bank...