Issuance authorized; amount; interest; redemption

O.C.G.A. § 50-9-34, under GEORGIA BUILDING AUTHORITY.

O.C.G.A. § 50-9-34

Form, denomination, place of payment, registration. Valid signatures, seal, attestation. Negotiable instruments; exempt from taxation. Manner and price of sale. Proceeds to be used for project costs; disbursed under restrictions; additional bonds authorized to provide for deficit; surplus to be paid into fund. Interim certificates and temporary bonds authorized. Replacement of mutilated or lost bonds. No other conditions precedent; issuance for combination of projects authorized; passage and effective date of resolution. Not debt or pledge of credit of state; bonds to contain recital of provisions. Trust indentures as security; provisions. Authority to provide for payment of proceeds to person or agency as trustee. Sinking fund; pledge and allocation of funds to pay principal and interest. Rights and remedies of bondholders. Refunding bonds. Authorized investment and deposit securities. Validation; parties defendant to action; judgment final and conclusive. Interests and rights of bondholders not to be adversely affected; provisions constitute contract. Article 3 Executive Center Fine Arts Committee 50-9-60. 50-9-61. 792 Creation of committee; membership. Terms of members; appointment; vacancies; honorary chairman; advisory groups; Sec. Sec. 50-9-62. 50-9-63. 50-9-64. 50-9-65. no compensation for services or expenses; reimbursement from private funds. Powers and duties. Employment and compensation of personnel. State agencies authorized to cooperate with committee. Moneys received to be in special fund; property to become state property and may be sold or exchanged. Accountability for funds; committee as instrumentality of state; not amenable to