Obtaining of Loans and Issuance and Sale of Notes and Bonds; Sale of Obligations

Checkout our iOS App for a better way to browser and research.

The authority may authorize by resolution the following: the obtaining of loans; the issuance and sale of notes; and the issuance and sale of bonds. The foregoing obligations may be offered at public or private sale in such manner and for such interest rate and at such price as the authority may determine to be in the best interests of the authority and the state, provided that any offering is subject to the review and approval of the Georgia State Financing and Investment Commission pursuant to the provisions of Article 2 of Chapter 17 of Title 50.

(Ga. L. 1953, Jan.-Feb. Sess., p. 302, § 13; Code 1933, § 95A-1250, enacted by Ga. L. 1973, p. 947, § 1; Ga. L. 1989, p. 489, § 1.)


Download our app to see the most-to-date content.