§ 32-10-131. Liability of Officer, Employee, or Committee of Bank
Neither the board nor any officer, employee, or committee of the bank acting on behalf of it, while acting within the scope of this authority, is subject to any liability resulting from carrying out any of the powers given in this part. History. Code 1981, § 32-10-131 , enacted by Ga. L. 2008, p. 73, […]
§ 32-10-132. Notice Prior to Action or Referendum Not Required
Notice, proceeding, or publication, except those required in this part, shall not be necessary to the performance of any act authorized in this part nor shall any act of the bank be subject to any referendum. History. Code 1981, § 32-10-132 , enacted by Ga. L. 2008, p. 73, § 2/HB 1019.
§ 32-10-133. Annual Report
Following the close of each state fiscal year, the bank shall submit an annual report of its activities for the preceding year to the Governor, the Lieutenant Governor, and the Speaker of the House of Representatives and make such report available to the General Assembly. The bank also shall submit an annual report to the […]
§ 32-10-110. Venue and Jurisdiction of Actions
Any action to protect or enforce any rights under this article and any action pertaining to validation of any bonds issued under this article brought in the courts of this state shall be brought in the Superior Court of Fulton County, which shall have exclusive original jurisdiction of such actions. History. Ga. L. 1953, Jan.-Feb. […]
§ 32-10-120. Short Title
This part shall be known and may be cited as the “Georgia Transportation Infrastructure Bank Act.” History. Code 1981, § 32-10-120 , enacted by Ga. L. 2008, p. 73, § 2/HB 1019.
§ 32-10-96. Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds
Prior to the preparation of definitive bonds, the authority may, under like restrictions, issue interim receipts, interim certificates, or temporary bonds, with or without coupons exchangeable for definitive bonds upon the issuance of the latter. History. Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 18; Code 1933, § 95A-1255, enacted by Ga. L. 1973, p. […]
§ 32-10-97. Replacement of Lost or Mutilated Bonds
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.
§ 32-10-98. Resolutions for Bond Issuance; Issuance of Bonds of a Single Issue
Resolutions for the issuance of revenue bonds may be adopted 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 article. In the discretion of the authority, revenue bonds of a single issue may be issued for the purpose […]
§ 32-10-99. Credit of State Not Pledged
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 indentures authorizing or […]
§ 32-10-100. Trust Indenture as Security for Bonds
In the discretion of the authority, any issue of such revenue bonds may be secured by a trust indenture by and between the authority and a corporate trustee, which may be any trust company or bank having the powers of a trust company, inside or outside of the state. Such trust indenture may pledge or […]