Confirmation and Validation of Bonds; Exchangeability and Transferability; Certificate of Validation

  1. Law
  2. Georgia Code
  3. Education
  4. Georgia Higher Education Facilities Authority
  5. Confirmation and Validation of Bonds; Exchangeability and Transferability; Certificate of Validation

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  1. Bonds of the authority shall be confirmed and validated in accordance with the procedure of Article 3 of Chapter 82 of Title 36.
  2. Bonds issued by the authority may be in such form, either coupon or fully registered, or both coupon and fully registered, and may be subject to such exchangeability and transferability provisions, as the bond resolution authorizing the issuance of such bonds or any indenture or trust agreement may provide.
  3. Bonds shall bear a certificate of validation. The signature of the clerk of the Superior Court of Fulton County may be made on the certificate of validation of such bonds by facsimile or by manual execution, stating the date on which such bonds were validated; and such entry shall be original evidence of the fact of judgment and shall be received as original evidence in any court in this state.

(Code 1981, §20-16-6, enacted by Ga. L. 2006, p. 783, § 1/SB 562.)


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