Title 50 — Title 50
0 chapters · 848 sections in this title.
O.C.G.A. § 50-10-1 Short title
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This chapter shall be known and may be cited as the “Georgia Development Authority Act.” History. Ga. L. 1953, Jan.-Feb. Sess., p. 337, § 1; Ga. L. 1960, p. 764, § 3; Ga. L. 2023, p. 730, § 6(b)(12)/HB 475, effective July 1, 2023. The 2023 amendment, effective July 1, 2023, part …
O.C.G.A. § 50-10-10 Liberal construction
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This chapter, being for the welfare of this state and its inhabitants, shall be liberally construed to effect the purposes specified in this chapter. History. Code 1981, § 50-10-10, enacted by Ga. L. 1986, p. 705, § 4. 829 T.50, C.11 STATE GOVERNMENT 50-11-10 CHAPTER 11 STATE LAW …
O.C.G.A. § 50-10-2 Legislative intent
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(a) It is the purpose and intent of this chapter to provide an instrumentality to assist agricultural and industrial interests in their effort to commence, expand, or diversify their operations by providing credit and servicing functions to better enable the farmers and businessm…
O.C.G.A. § 50-10-3 Poet laureate, §50-1-3
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Interstate compact for juveniles. Duties of governor, §49-4B-3. Regional planning commission. Chairperson, §50-8-51. State auditor. Special examinations. Governor may require, §50-6-4. Welfare. Suspension and removal of county board members, county directors or employees or offic…
O.C.G.A. § 50-10-4 Creation, §50-10-3
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Duties, §50-10-5. Financing and investment commission. Approval of bond issues, §50-10-8. Interpretation of act, §50-10-10. Investments. Powers of authority, §50-10-5. Legislative declaration, §50-10-2. Members, §50-10-3. Powers, §§50-10-4, 50-10-5. Purpose of provisions, §50-10-…
O.C.G.A. § 50-10-5 Powers and duties
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(a)(1) In addition to, and not in limitation of, the powers granted in this chapter, the Georgia Development Authority shall have and may exercise the power and authority to: (A) Guarantee or insure loans made for rural rehabilitation purposes or for agricultural and industrial d…
O.C.G.A. § 50-10-6 Exemption from taxation
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It is found, determined, and declared that the creation of this authority and the carrying out of its corporate purposes are in all respects for the benefit of the people of the state and that the authority is an institution of purely public charity and will be performing an essen…
O.C.G.A. § 50-10-7 Certain notes exempt from intangible tax
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Long-term notes secured by real estate and held by the authority or its assignees shall be exempt from the intangible recording tax imposed by Article 3 of Chapter 6 of Title 48. History. Code 1981, § 50-10-7, enacted by Ga. L. 1986, p. 705, § 4. 50-10-8. Approval of bond issues …
O.C.G.A. § 50-10-9 Rights under federal Constitution
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The authority shall have all rights afforded the state by virtue of the Constitution of the United States, and nothing in this chapter shall be construed to remove any such rights. History. Code 1981, § 50-10-9, enacted by Ga. L. 1986, p. 705, § 4. 50-10-10. Liberal construction.