§ 32-10-73. Designation of Moneys Received Pursuant to Article as Trust Funds
All moneys received pursuant to the authority of this article, whether as proceeds from the sale of revenue bonds or as revenues, tolls, and earnings, shall be deemed to be trust funds to be held and applied solely as provided in this article. The bondholders paying or entitled to receive the benefits of such bonds […]
§ 32-10-61. Continuation of State Tollway Authority as State Road and Tollway Authority
The State Tollway Authority shall continue to be a body corporate and politic and an instrumentality and public corporation of the state known as the “State Road and Tollway Authority.” It shall have perpetual existence. In said name it may contract and be contracted with, sue and be sued, implead and be impleaded, and complain […]
§ 32-10-74. Effect of Article
This article shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws and shall not be regarded as in derogation of any powers now existing. History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, […]
§ 32-10-62. Membership; Compensation; Officers; Bylaws; Quorum; Record of Proceedings
The members of the authority shall be ex officio the Governor, the commissioner of transportation, the director of the Office of Planning and Budget, one member to be appointed by the Lieutenant Governor and to serve during the term of office of the Lieutenant Governor and until a successor is duly appointed and qualified, and […]
§ 32-10-75. Construction of Article
This article, being for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes of this article. History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 35; Code 1933, § 95A-1272, enacted by Ga. L. 1973, p. 947, § 1; Ga. L. 1991, p. 94, § 32.
§ 32-10-63. Powers of Authority Generally
The authority shall have, in addition to any other powers conferred in this article, the following powers: To have a seal and alter the same at its pleasure; To acquire by purchase, lease, exchange, or otherwise and to hold, lease, and dispose of real and personal property of every kind and character for its corporate […]
§ 32-10-77. General Assembly Approval of Funding for Street Car Projects
No funding by issuing bonds, any other state funds, or federal funds administered by the Department of Transportation shall be allowed for streetcar projects by any state entity or authority, including, but not limited to, the Department of Transportation or the State Road and Tollway Authority, or any other subsidiary of the state, without specific […]
§ 32-10-63.1. Exemption for Transit Service Buses, Motor Vehicles, and Rapid Rail Systems From Requirements Relating to Identification and Regulation of Motor Vehicles
No provision of Chapter 1 of Title 40 shall apply to any bus, other motor vehicle, or rapid rail system of the authority which provides transit services. History. Code 1981, § 32-10-63.1 , enacted by Ga. L. 2018, p. 254, § 1/SB 391. Effective date. — This Code section became effective July 1, 2018.
§ 32-10-64. General Toll Powers; Police Powers; Operation of Vehicles Through Toll Collection Facilities; Penalties; Video Surveillance Authorized
For the purpose of earning sufficient revenue to make possible, in conjunction with other funds available to the authority, the financing of the construction or acquisition of projects of the authority with revenue bonds, the authority is authorized and empowered to collect tolls on each and every project which it, the department, or local governing […]
§ 32-10-65. Fixing, Revising, Charging, and Collecting Tolls; Use and Disposition of Tolls Generally
The authority is authorized to fix, revise, charge, and collect tolls for the use of each project. Such tolls shall be so fixed and adjusted as to carry out and perform the terms and provisions of any resolution, trust indenture, or contract with or for the benefit of bondholders; and such tolls shall not be […]