Part 3. GEORGIA EDUCATION AUTHORITY (SCHOOLS)


§ 20-2-550. Short title
§ 20-2-551. Definitions; when project deemed self-liquidating
§ 20-2-552. Creation; members, officers, and staff; quorum; procedural rules and regulations; assignment to Georgia State Financing and Investment Commission
§ 20-2-553. Powers of authority
§ 20-2-554. Functions and powers of Vocational Trade School Building Authority and School Building Authority for the Deaf and Blind transferred to authority
§ 20-2-555. Authority to issue revenue bonds; terms
§ 20-2-556. Form of bonds; denominations; place of payment; registration
§ 20-2-557. Signing, sealing, and attesting bonds
§ 20-2-558. Bonds negotiable
§ 20-2-559. Manner of sale and price of bonds
§ 20-2-560. Use of bond proceeds; additional bonds
§ 20-2-561. Issuance of interim receipts or certificates or temporary bonds
§ 20-2-562. Replacement of mutilated, destroyed, or lost bonds
§ 20-2-563. Compliance with part sufficient for issuance of bonds; single issue for one or more projects; adoption of bond resolution
§ 20-2-564. Bonds not state debt; use of appropriations and other funds for leases from authority; collection of rentals; assignment of payments
§ 20-2-565. Trust indentures to secure bonds; contents of indentures or bond resolutions; expenses of carrying out indentures
§ 20-2-566. Trustee for bond proceeds
§ 20-2-567. Sinking fund
§ 20-2-568. Remedies of bondholders, receivers, or indenture trustees
§ 20-2-569. Refunding bonds
§ 20-2-570. Bonds legal investments; depositing bonds
§ 20-2-571. Tax exemption of authority's property, activities, charges, and bonds
§ 20-2-572. Procedure for validating bonds
§ 20-2-573. Venue and jurisdiction of actions to enforce rights or validate bonds
§ 20-2-574. Interests of bondholders protected
§ 20-2-575. Acceptance of grants and contributions from federal and other sources
§ 20-2-576. Moneys received deemed trust funds
§ 20-2-577. Fixing rentals, installment payments, and charges for use of projects
§ 20-2-578. Authority of state and other boards of education to bargain, sell, transfer, convey, rent, and lease property to authority
§ 20-2-579. Rules and regulations for operation of projects
§ 20-2-580. Power to issue revenue bonds not affected
§ 20-2-581. Part supplemental and additional to other laws
§ 20-2-582. Part to be liberally construed

REFS & ANNOS

TITLE 20 Chapter 2 Article 11 Part 3 NOTE

LAW REVIEWS. --For article, "School Systems, Segregation and the Supreme Court," see 6 Mercer L. Rev. 189 (1955). For article, "Public Authorities: Legislative Panacea?," see 5 J. of Pub. L. 387 (1956).
 
OPINIONS OF THE ATTORNEY GENERAL
 
NOT POLICY OF AUTHORITY TO JOIN IN CITY ANNEXATION APPLICATION. --It is not the policy of the authority to join in an application for annexation of state-owned property to a city. 1968 Op. Att'y Gen. No. 68-229.
 
MUNICIPALITIES OR COUNTIES CANNOT REQUIRE BUILDING FEES FOR CONSTRUCTION ON AUTHORITY PROPERTY. --Building permit fees may not be legally required by municipalities or counties of contractors on buildings being constructed for the authority on authority property. 1963-65 Op. Att'y Gen. p. 493.
 
AUTHORITY DOES NOT DIRECTLY SUPERVISE CONSTRUCTION PROJECTS OF LESS THAN $200,000.00. --When allotted funds from the State Board of Education for school construction result in construction projects of less than $200,000.00, the authority does not directly supervise construction but requires the local school system to construct the project itself and then be reimbursed by the authority; this procedure often makes it necessary for the local school system to borrow a substantial part of the construction costs for a period of nine months to a year; such borrowing is within the legal power of local school systems. 1968 Op. Att'y Gen. No. 68-18.
 
RESEARCH REFERENCES
 
AM. JUR. 2D. --30 Am. Jur. 2d, Executions and Enforcement of Judgments, §§ 167, 168.
 
C.J.S. --33 C.J.S., Executions, § 42.