The provisions of this chapter shall be liberally construed to effect its stated purpose.The offer, sale, or issuance of bonds, notes, or other obligations by the authority shall not be subject to regulation under the laws of the State of Georgia regulating the sale of securities, as heretofore and hereafter amended.No notice, proceeding, or publication except those required by this chapter shall be necessary to the performance of any act authorized by this chapter nor shall any such act be subject to referendum.
(Code 1981, §6-4-11, enacted by Ga. L. 1992, p. 1615, § 1.)