GEORGIA CODE (Last Updated: August 20, 2013) |
Title 12. CONSERVATION AND NATURAL RESOURCES |
Chapter 3. PARKS, HISTORIC AREAS, MEMORIALS, AND RECREATION |
Article 7. PUBLIC AUTHORITIES |
Part 3. LAKE LANIER ISLANDS DEVELOPMENT AUTHORITY |
Section 12-3-317. Lease payments by authority as constituting good, valuable, and sufficient consideration
Latest version.
- It is found, determined, and declared that the consideration paid and given and to be paid and given to the State of Georgia by the authority for its leasehold, and privileges thereunder, is good and valuable and sufficient consideration therefor and that this action on the part of the authority and the state is in the interest of the public welfare of the State of Georgia and its citizens.
Ga. L. 1962, p. 736, § 6.