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§ 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 […]

§ 20-18-4. 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 […]

§ 20-16-11. 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 […]

§ 20-16-13. Attorney General to Provide Legal Services for the Authority; Accountability

The Attorney General shall provide legal services for the authority and in connection therewith the provisions of Code Sections 45-15-13 through 45-15-16 shall be fully applicable. The members of the authority shall be accountable in all respects as trustees. The authority shall keep suitable books and records of all actions and transactions and shall submit […]

§ 20-16-14. Jurisdiction

Any action to protect or enforce any rights under this chapter shall be brought in the Superior Court of Fulton County; and any action pertaining to validation of any bonds issued under this chapter shall likewise be brought in such court, which shall have exclusive, original jurisdiction of such actions. History. Code 1981, § 20-16-14 […]

§ 20-16-15. Funds Received Pursuant to This Chapter to Be Held in Trust

All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of revenue bonds, as grants or other contributions, or as revenues, rents, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. History. Code 1981, § 20-16-15 , enacted […]