Title 50 — Title 50
0 chapters · 848 sections in this title.
O.C.G.A. § 50-17-1 Use of facsimile signatures on public securities authorized
1.3K chars
(a) Public securities authorized to be issued and delivered at any one time may be executed with an engraved, imprinted, stamped, or otherwise reproduced facsimile of any signature, seal, or other means of authentication, certification, or endorsement required or permitted to be r…
O.C.G.A. § 50-17-100 Definitions
4.0K chars
As used in this article, the term: (1) ‘‘Commission’’ means the Georgia State Financing and Investment Commission as defined in paragraph (1) of Code Section 50-17-21, as amended. (2) ‘‘Counterparty’’ means the party entering into a qualified interest rate management agreement with…
O.C.G.A. § 50-17-102 Interest rate management plans
5.2K chars
(a) Prior to executing and delivering a qualified interest rate management agreement, the state party shall have adopted an interest rate management plan that includes: (1) An analysis of the interest rate risk, basis risk, termination risk, credit risk, market-access risk, and ot…
O.C.G.A. § 50-17-103 Review of plan, §50-17-102
0.4K chars
Officers, §50-17-22. Organization, §50-17-22. Partnership for public facilities and infrastructure (state government). Guidelines, development, §50-5C-2. Powers, §50-17-22. Public debt. Audits, §§50-17-25 to 50-17-30. Regional transportation authority. Bond issues. Approval by co…
O.C.G.A. § 50-17-104 Information required in annual financial statements
0.5K chars
The state party that has entered into a qualified interest rate management agreement shall include in its annual financial statements information with respect to each qualified interest rate management agreement it has authorized or entered into, including any information required b…
O.C.G.A. § 50-17-105 Applicability of state law; jurisdiction
1.0K chars
When entering into any qualified interest rate management agreement authorized under this article, the agreement shall be governed by the laws of the State of Georgia, and jurisdiction over the state party in any matter concerning a qualified interest rate management agreement shal…
O.C.G.A. § 50-17-2 SHIPS AND VESSELS
0.1K chars
Georgia regional transportation authority. General provisions, §§50-32-1 to 50-32-70. SECURITY PLANS OR TRAINING.
O.C.G.A. § 50-17-20 Short title
0.2K chars
This article shall be known and may be cited as the ‘‘Georgia State Financing and Investment Commission Act.’’ History. — Ga. L. 1973, p. 750, § 1; Ga. L. 2002, p. 415, § 50. 50-17-21. Definitions.
O.C.G.A. § 50-17-21 Definitions
4.3K chars
As used in this article, the term: (1) ‘‘Commission’’ means the Georgia State Financing and Investment Commission as defined by Article VII, Section IV, Paragraph VII of the Constitution, consisting of the Governor, the President of the Senate, the Speaker of the House of Represen…
O.C.G.A. § 50-17-22 State Financing and Investment Commission
18.6K chars
(a) Responsibilities. Subject to the limitations contained in this article, the commission shall be responsible for the issuance of all public debt incurred hereunder, for the proper application of the proceeds of such debt to the purposes for which it is incurred, for the proper…
O.C.G.A. § 50-17-24 Authority to incur public debt; purposes; limitations
6.8K chars
(a) Authority. The state, through action of the commission, is authorized to incur public debt as provided in this article. (b) Purposes for debt. (1) Public debt without a limit may be incurred to repel invasion, suppress insurrection, and defend the state in time of war. (2) Pu…
O.C.G.A. § 50-17-26 AGRIBUSINESS
0.7K chars
Department of community affairs. Grants. Purposes, §50-8-8. AGRICULTURAL PRODUCTS DEALERS. Agricultural products produced in Georgia. State purchasing. Preference given to, §50-5-60. Purchasing. Preference given to agricultural products produced in Georgia, §50-5-60. AGRICULTURAL…
O.C.G.A. § 50-17-28 Bond security contracts prohibited
1.7K chars
The state and all institutions, departments, and agencies of the state are prohibited from entering into any contract, except contracts pertaining to guaranteed revenue debt, with any public agency, public corporation, authority, or similar entity if the contract is intended to c…
O.C.G.A. § 50-17-29 Miscellaneous pledges, authorizations, and exemptions
8.7K chars
(a) Full faith and credit. The full faith, credit, and taxing powers of the state are pledged to the payment of all public debt, and the interest thereon, incurred under this article; and all such debt and the interest thereon shall be exempt from taxation. 249 50-17-29 (b) Negot…
O.C.G.A. § 50-17-30 Short title
0.9K chars
Definitions. State Financing and Investment Commission. General obligation and guaranteed revenue debts; sinking and common reserve funds; appropriations; investments; taxation to pay debt service requirements. Authority to incur public debt; purposes; limitations. Incurring publi…
O.C.G.A. § 50-17-50.1 Authority to vote
2.7K chars
No member of the State Depository Board shall vote to name and appoint as state depositories of state funds any bank, trust company, building and loan association, federal savings and loan association, or the Georgia Credit Union Deposit Corporation in which the member is a stock…
O.C.G.A. § 50-17-51 Meetings, §50-17-51
0.5K chars
Members, §50-17-50. Monitoring financial condition of depositories, §50-17-54. Reports of state treasurer, §50-17-57. Bonds, surety, §50-17-58. Deposit of securities in lieu of bond, §§50-17-59, 50-17-60. Relief of bond sureties, §50-17-61. Conflicts of interest. Board members, §50…
O.C.G.A. § 50-17-52 Contracts for interest on deposits; authority to remove deposits
0.9K chars
The board shall make with depositories the most advantageous contracts for interest to be paid by them to the state for the use of the state’s money which may be deposited therein, as provided by this article. In so doing, the board may authorize the state treasurer to negotiate …
O.C.G.A. § 50-17-53 Authority to determine amount to be deposited; deposit security required
1.2K chars
To enable the board to fulfill its responsibilities of ensuring safe and effective cash management, the board shall be authorized to determine, from time to time, in respect to all state funds, whether deposited by the state treasurer or any other department or agency of the state…
O.C.G.A. § 50-17-55 Absolute discretion of State Depository Board in performance of duties
0.1K chars
The board shall exercise absolute discretion in performing its duties under this article. History. — Ga. L. 1949, p. 13, § 5.
O.C.G.A. § 50-17-56 Reports, §50-17-57
0.6K chars
State financing and investment commission. Member of commission, §50-5A-10. Successor to office of treasury and fiscal services, §50-5A-10. Vacancy in office. Refusal to renew bond, §50-5A-5. Warrants for payment of money. State government expenses to be paid by governor’s warrant …
O.C.G.A. § 50-17-57 State treasurer to make reports
0.6K chars
The state treasurer, as administrative officer of the board, shall furnish to the Governor and the board such information and reports relating to funds held on demand accounts and as investments, estimates of treasury receipts and withdrawals, and interest earned on investments a…
O.C.G.A. § 50-17-58 Execution of bonds by depositories
1.6K chars
Depositories, before entering upon the discharge of their duties, by their proper officers, shall execute bonds, with good and sufficient securities, to be fixed and approved by the Governor. The bonds shall be conditioned for the faithful performance of all such duties as shall b…
O.C.G.A. § 50-17-59 Deposit of securities in lieu of bond
3.9K chars
(a) The state treasurer cannot have on deposit at any one time in any of the depositories for a time longer than ten days a sum of money belonging to the state under a contract with the depository providing for the payment of interest by a depository which has not given a bond to…
O.C.G.A. § 50-17-60 Governor to sell bonds to reimburse state for any default
0.1K chars
50-17-61. Procedure for relief of bond sureties. 50-17-62. Funds to be held by depositories.
O.C.G.A. § 50-17-61 Procedure for relief of bond sureties
0.6K chars
Any surety desiring to be relieved from the bond of a state depository may give notice in writing to the Governor of such desire with the reasons therefor; and the Governor shall have authority, in his discretion, to relieve the surety. The consent of the cosureties first must be …
O.C.G.A. § 50-17-62 Funds to be held by depositories
0.9K chars
State depositories shall hold: (1) All funds deposited with them as time deposits for and on account of the state in accordance with such time deposit agreements as from time to time may be entered into between the depositories and the board pursuant to Code Section 50-17-52, whi…
O.C.G.A. § 50-17-64 Depositories required to furnish monthly statements
2.8K chars
State depositories shall furnish to the state official having custody of the funds a monthly statement of demand accounts and shall furnish to the responsible official or to the board such other statements as may be requested relating to funds or transactions in custody of or cau…
O.C.G.A. § 50-17-65 Time deposits
0.9K chars
Funds to be held by depositories, §50-17-62. STATE FINANCING AND INVESTMENT COMMISSION, §§50-17-20 to 50-17-30. Atlanta-region transit link “ATL” authority. Bond issues and other obligations. Approval by commission, §50-39-39. Audits, §50-17-26. Authorities. State authorities. De…
O.C.G.A. § 50-17-67 Amount to be deposited
0.9K chars
Board. Authority to determine, §50-17-53. State treasurer to make deposits in compliance with determinations, §50-17-56. Board. Absolute discretion in performance of duties, §50-17-55. Amount to be deposited. Authority to determine, §50-17-53. State treasurer to make deposits in …
O.C.G.A. § 50-17-90 Definitions
6.3K chars
As used in this article, the term: (1) ‘‘Governing body’’ means, with respect to the state, the Georgia State Financing and Investment Commission, and with respect to a state authority, such authority’s board. (2) ‘‘State authority’’ shall mean ‘‘state authority’’ as defined in pa…
O.C.G.A. § 50-17-91 Definitions
0.7K chars
Governed by general provisions on commercial paper; issuance of security by governmental entity; requirements of governing body; renewal and reissuance of commercial paper. Article 5 Interest Rate Management 50-17-1 Sec. 50-17-101. Guidelines, rules, and regulations for interest …