Title 32 — Title 32
0 chapters · 215 sections in this title.
O.C.G.A. § 32-10-9 Leasing of projects
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The authority, as lessor, is authorized to lease any project or group of projects to the state and the department as lessees; and the Governor on behalf of the state and the commissioner on behalf of the department are authorized to execute and enter upon such leases for the use …
O.C.G.A. § 32-10-90.1 Garvee bond provisions
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(a) As used in this Code section, the term ‘‘grant anticipation revenue vehicle’’ or ‘‘garvee bond’’ means any bond issued by the authority which is an eligible debt financing instrument within the scope of 23 U.S.C. Section 122 or which is otherwise to be repaid or reimbursed in…
O.C.G.A. § 32-10-93 Execution, seal, and signing of bonds
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All bonds issued by the authority shall be executed in the name of the authority by the chairperson and secretary of the authority and shall be sealed with the official seal of the authority or a facsimile thereof. The facsimile signatures of the chairperson and secretary of the …
O.C.G.A. § 32-10-94 Bonds as negotiable instruments; tax exemption
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All revenue bonds issued under this article shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments law of the state. Such bonds, their transfer, and the income therefrom shall be exempt from all taxation in t…
O.C.G.A. § 32-10-97 Replacement of lost or mutilated bonds
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The authority may also provide for the replacement of any bond which becomes mutilated or which is destroyed or lost. History. — Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 19; Code 1933, § 95A-1256, enacted by Ga. L. 1973, p. 947, § 1.
O.C.G.A. § 32-10-99 Credit of state not pledged
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Revenue bonds issued under this article shall not be deemed to constitute a debt of the State of Georgia or a pledge of the faith and credit of the state, but such bonds shall be payable from the revenues and funds of the authority as provided for in the resolutions or trust inde…
O.C.G.A. § 32-11-1 Ratification, enactment, and entry of compact
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The interstate rail passenger network compact is ratified, enacted, and entered into by the State of Georgia with all other states joining the compact in the form substantially as this chapter. History. — Code 1981, § 32-11-1, enacted by Ga. L. 1993, p. 419, § 1. 32-11-2. Policy.
O.C.G.A. § 32-11-2 Policy
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It is the policy of the states party to this compact to cooperate and share the administrative and financial responsibilities concerning the planning of an interstate rail passenger network system connecting major cities in Illinois, Indiana, Kentucky, Tennessee, Georgia, and Flo…
O.C.G.A. § 32-11-3 Economic impact study
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(a) The states of Illinois, Indiana, Kentucky, Tennessee, Georgia, and Florida (referred to in this chapter as ‘‘participating states’’) agree, upon adoption of this compact by the respective states, to jointly conduct and participate in a rail passenger network financial and eco…
O.C.G.A. § 32-11-4 Assistance by participating states
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The participating states agree to do the following: (1) Make available to each other and to a consulting firm representing a participating state or the compact assistance that is available, including personnel, equipment, office space, machinery, computers, engineering, and techn…
O.C.G.A. § 32-11-5 Creation of advisory council; membership
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The interstate rail passenger advisory council (referred to in this compact as the ‘‘council’’) is created. The membership of the council consists of three individuals from each participating state. The Governor, President of the Senate, and Speaker of the House of Representative…
O.C.G.A. § 32-11-6 Duties of council
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The council shall do the following: (1) Meet within 30 days after ratification of this agreement by at least two participating states. (2) Establish rules for the conduct of the council’s business, including the payment of the reasonable and necessary travel expenses of council m…
O.C.G.A. § 32-11-7 Effective date
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This compact becomes effective upon the adoption of the compact into law by at least two of the participating states. Thereafter, the compact becomes effective for another participating state upon the enactment of the compact by the state. History. — Code 1981, § 32-11-7, enacted…
O.C.G.A. § 32-11-8 Repeal
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This compact continues in force with respect to a participating state and remains binding upon the state until six months after the state has given notice to each other participating state of the repeal of this chapter. The withdrawal may not be construed to relieve a participati…
O.C.G.A. § 32-11-9 Construction of compact
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(a) This compact shall be liberally construed to effectuate the compact’s purposes. (b) The provisions of this compact are severable. If: (1) A phrase, clause, sentence, or provision of this compact is declared to be contrary to the Constitution of a participating state or of the…