0 chapters · 603 sections in this title.
O.C.G.A. § 36-75-1 Short title
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This chapter shall be known and may be cited as the ‘‘War on Terrorism Local Assistance Act.’’ History. — Code 1981, § 36-75-1, enacted by Ga. L. 2003, p. 862, § 1; Ga. L. 2004, p. 631, § 36. 36-75-2. Legislative authority; purpose.
O.C.G.A. § 36-75-10 Construction
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This chapter shall be liberally construed to effect the purposes hereof. Sale or issuance of bonds by any authority shall not be subject to regulation under Chapter 5 of Title 10, the ‘‘Georgia Uniform Securities 1134 36-75-11 Act of 2008,’’ or any other law. No proceeding or pub…
O.C.G.A. § 36-75-2 Legislative authority; purpose
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This chapter is enacted pursuant to authority granted to the General Assembly by the Constitution of Georgia. Each authority created by this chapter is created for nonprofit and public purposes; and it is found, determined, and declared that the creation of each such authority an…
O.C.G.A. § 36-75-3 Definitions
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As used in this chapter, the term: (1) ‘‘Authority’’ means each public corporation created pursuant to this chapter. (2) ‘‘Cost of project’’ means all costs of site preparation and other start-up costs; all costs of construction; all costs of real and personal property required f…
O.C.G.A. § 36-75-5 Management by board of directors; membership; procedures
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Control and management of the authority shall be vested in a board of directors whose members shall be residents of the county or municipal corporation, as applicable. Directors shall be appointed, and may be reappointed, for terms of four years. The resolution or ordinance activ…
O.C.G.A. § 36-75-6 Quorum
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A majority of the directors shall constitute a quorum for the transaction of business of the authority. However, any action with respect to 1127 36-75-7 any project of the authority must be approved by the affirmative vote of a majority of the directors. History. — Code 1981, § 3…
O.C.G.A. § 36-75-7 Power of authority
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Each authority shall have all of the powers necessary or convenient to carry out and effectuate the purposes and provisions of this chapter, including, but without limiting the generality of the foregoing, the power: (1) To bring and defend actions; (2) To adopt and amend a corpo…
O.C.G.A. § 36-75-8 Bonds and notes; expenditure of revenue
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(a) Subject to the limitations and procedures provided by this Code section, the obligations of any authority evidenced by bonds, bond anticipation notes, trust indentures, deeds to secure obligations, security agreements, or mortgages executed in connection therewith may contain…
O.C.G.A. § 36-75-9 Responsibility for bonds and obligations
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No bonds or other obligations of and no indebtedness incurred by any authority shall constitute an indebtedness or obligation of the State of Georgia or of any county, municipal corporation, or political subdivision thereof, nor shall any act of any authority in any manner consti…