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§ 20-18-4. Duty; Establishment of Satellite Offices

It shall be the duty of the Center for Rural Prosperity and Innovation to provide a central information and research hub for rural leadership training and best practices which may include: Community planning models for proactively identifying value added gaps or strengths; Industry-specific assistance; and Cooperative efforts with nonprofit organizations, religious organizations, and other higher […]

§ 20-18-5. Funds

All funds appropriated by the General Assembly for the establishment and operation of the Center for Rural Prosperity and Innovation, together with any funds which may be appropriated by the United States Congress or apportioned to this state from the United States Department of the Treasury for purposes substantially the same as specified in this […]

§ 20-18-6. Federal Appropriations

In the event that the United States Congress appropriates funds to this state for the conduct of work similar to that which is specified in this chapter, such work of the Center for Rural Prosperity and Innovation shall conform to the requirements imposed as conditions for such federal appropriations and as may be accepted by […]

§ 20-18-3. Creation of Georgia Rural Development Council; Membership; Role; Operation

The Center for Rural Prosperity and Innovation shall include a council, to be known and designated as the Georgia Rural Development Council, that shall offer guidance to the Center for Rural Prosperity and Innovation. The Georgia Rural Development Council shall be composed of 12 members who shall be appointed as follows: Six members shall be […]

§ 20-16-8. Sale of Bonds

The authority may sell its bonds in such manner and for such price as it may determine to be for the best interests of the authority. Whenever the authority shall determine to issue its bonds, it shall request the Georgia State Financing and Investment Commission to approve the bonds and carry out other services for […]

§ 20-16-9. Timing of Issuance of Revenue Bonds

Revenue bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and things which are specified or required by this chapter. In the discretion of the authority, revenue bonds of a single issue may be issued for the purpose of paying the cost of […]

§ 20-16-10. Bonds Do Not Create a Debt of the State; Recitals on Face of Bonds

Revenue bonds issued under this chapter shall not be deemed to constitute a debt of the state or a pledge of the faith and credit of the state, but such bonds shall be payable solely from the property provided for in Code Section 20-16-5; and the issuance of such revenue bonds shall not directly, indirectly, […]

§ 20-16-11. Investment in Bonds by Public Officers and Public Bodies

The bonds authorized in this chapter are made securities in which all public officers and public bodies of this state and all municipalities and all political subdivisions; all insurance companies and associations and other persons carrying on an insurance business; all banks, bankers, trust companies, savings banks, and savings associations, including savings and loan associations, […]

§ 20-16-12. Bonds and Income Therefrom Exempt From Taxation

The creation of the authority and the carrying out of its corporate purpose is in all respects for the benefit of the people of this state and is a public purpose, and the authority will be performing an essential governmental function in the exercise of the power conferred upon it by this chapter; and this […]