reglab/housing_qa huggingface dataset:
GA Code § 10-9-43 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-43. Tax Exemption

 The revenue bonds and the interest payable thereon shall be exempt from all taxation within the state imposed by the state or any county, municipal corporation, or other political subdivision of the state.    (Code 1981, §10-9-43, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-44 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-44. Sale of Bonds; Interest Rate

 The authority may sell the revenue bonds in such manner at public or private sale and for such price, rate of interest, and other terms as it may determine to be in the best interest of the authority. The rate of interest may be a fixed or variable rate, but if the rate is a variable rate, a maximum per annum rate of interest shall be specified in the authorizing resolution and in the validation proceeding.    (Code 1981, §10-9-44, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-45 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-45. Use of Proceeds; Issuance of Additional Bonds in Case of Deficit; Use of Surplus

 The proceeds of the revenue bonds shall be used solely for the payment of the costs of the project incurred with respect to the facilities designated by the resolution authorizing the issuance of such revenue bonds. The resolution authorizing the issuance of revenue bonds may provide that the proceeds thereof shall be disbursed upon requisition or order of the chairman of the authority or other designated officer of the authority or by the Georgia State Financing and Investment Commission acting on behalf of the authority under contract with the authority under such restrictions, if any, as the resolution authorizing the issuance of the revenue bonds or the trust indenture may provide. If the proceeds of the revenue bonds, by error of calculation or otherwise, shall be less than the cost of the facility or combined facilities, unless otherwise provided in the resolution authorizing the issuance of the revenue bonds or in the trust indenture, additional revenue bonds may in like manner be issued to provide the amount of the deficit which, unless otherwise provided in the resolution authorizing the issuance of the revenue bonds or in the trust indenture, shall be deemed to be of the same issue and shall be entitled to payment from the same fund without preference or priority of the revenue bonds first issued for the same purpose. If the proceeds of the revenue bonds of any issue shall exceed the amount required for the purpose for which such revenue bonds are issued, the surplus shall be used for one or more of the following purposes:    Payment into the fund provided in Code Section 10-9-51 for the payment of principal and interest of such revenue bonds; or   For the purchase of such revenue bonds in the open market.     (Code 1981, §10-9-45, enacted by Ga. L. 1988, p. 556, § 4; Ga. L. 1989, p. 1195, § 6.)
GA Code § 10-9-46 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-46. Interim Revenue Receipts, Certificates, or Bonds

 Prior to the preparation of definitive revenue bonds, the authority may, under like restrictions, issue interim revenue receipts, interim revenue certificates, or temporary revenue bonds exchangeable for definitive revenue bonds upon the issuance of the latter.    (Code 1981, §10-9-46, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-47 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-47. Replacement of Mutilated, Destroyed, or Lost Bonds

 The authority may also provide for the replacement of any revenue bond which becomes mutilated or is destroyed or lost upon receipt of such indemnification as it may deem appropriate.    (Code 1981, §10-9-47, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-48 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-48. Proceedings and Conditions for Issuance; Resolution

 The revenue bonds may be issued without any other proceedings or the happening of any other conditions or things than those proceedings, conditions, and things which are specified or required by this article and Article 1 of this chapter. In the discretion of the authority, revenue bonds of a single issue may be issued for the purpose of paying the cost of any one or more, including a combination of, facilities described in Code Section 10-9-40 and in the resolution authorizing the issuance of such bonds. Any resolution providing for the issuance of revenue bonds under this article shall become effective immediately upon its passage and need not be published or posted, and any such resolution may be passed at any regular, special, or adjourned meeting of the board of governors of the authority.    (Code 1981, §10-9-48, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-52 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-52. Enforcement of Rights by Bondholder, Receiver, or Indenture Trustee

 Any holder of revenue bonds or interest coupons thereon issued under this article, any receiver for such holders, or any indenture trustee, if there is any, except to the extent the rights given in this article may be restricted by resolution passed before the issuance of the revenue bonds or by the trust indenture, may either at law or in equity, by action, mandamus, or other proceedings, protect and enforce any and all rights under the laws of the state or granted under this article or under such resolution or trust indenture and may enforce and compel performance of all duties required by this article or by such resolution or trust indenture to be performed by the authority or any officer thereof. In the event of default upon the principal and interest or other obligations of any revenue bond issue, any such holder, receiver, or indenture trustee shall be subrogated to each and every right of collecting rentals, revenues, earnings, or funds by the authority which the authority may possess under contracts designated as security therefor, and, in the pursuit of its remedies as subrogee, may proceed either at law or in equity by action, mandamus, or other proceedings to collect any sums by such proceeding due and owing to the authority and pledged or partially pledged to the benefit of the revenue bond issue. No individual, receiver, or indenture trustee thereof shall have the right to compel any exercise of the taxing power of the state to pay any such revenue bond or the interest thereon or otherwise to enforce the payment thereof against the state or the authority or any property of the state or authority, nor shall any such bond constitute a charge, lien, or encumbrance, legal or equitable, upon the property of the state or authority except the rents, revenues, earnings, and funds designated as security for the revenue bonds. In addition to the foregoing, the resolution or trust indenture may contain such other provisions as the authority may deem reasonable and proper for the security of the bondholders subject to the limitations otherwise stated in this article. All expenses incurred in carrying out the trust indenture may be treated as a part of the cost of the project affected by the indenture.    (Code 1981, §10-9-52, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-53 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-53. Payment of Sale Proceeds to Trustee

 The authority may, in the resolution providing for the issuance of revenue bonds or in the trust indenture, provide for the payment of the proceeds of the sale of the bonds to any officer or person who shall act as trustee or any agency, bank, or trust company or to the Georgia State Financing and Investment Commission acting under contract with the authority, which officer, person, bank, trust company, or agency shall act as trustee of such funds and shall hold and apply the same to the purposes set forth in or through this article, subject to such regulations as this article and Article 1 of this chapter, or as the resolution or trust indenture, may provide.    (Code 1981, §10-9-53, enacted by Ga. L. 1988, p. 556, § 4; Ga. L. 1989, p. 1195, § 10; Ga. L. 2017, p. 774, § 10/HB 323.)    The 2017 amendment,  effective May 9, 2017, part of an Act to revise, modernize, and correct the Code, revised punctuation in this Code section.
GA Code § 10-9-54 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-54. Use of Services of Georgia State Financing and Investment Commission; Professional Services for Projects

 The authority shall be authorized to utilize the financial advisory and construction related services of the Georgia State Financing and Investment Commission with respect to the issuance of revenue bonds and the investment and disposition of the proceeds thereof and the acquisition, design, planning, and construction of the facilities designated in the resolution authorizing the issuance of the revenue bonds. The reimbursement by the authority of the commission for services provided by the commission shall be considered as part of the costs of the project. Chapter 22 of Title 50 shall be applicable to the selection of persons to provide professional services for any project or any portion thereof constructed in whole or in part with any proceeds from the sale of revenue bonds authorized by this article.    (Code 1981, §10-9-54, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-55 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-55. Refunding Bonds

 The authority is authorized to provide by resolution for the issuance of revenue refunding bonds of the authority for the purpose of refunding any revenue bonds issued under this article and then outstanding, together with accrued interest thereon. The issuance of such revenue refunding bonds, and maturities and all other details thereof, the rights of the holders thereof, and the duties of the authority in respect to the same shall be governed by this article insofar as the same may be applicable.    (Code 1981, §10-9-55, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-56 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-56. Bonds Made Securities for Investment and Deposit Purposes

 The revenue bonds authorized by this article are made securities in which all public officers and bodies of this state and all municipalities and all political subdivisions of this state; all insurance companies and associations and other persons carrying on an insurance business; all banks, bankers, trust companies, savings banks, and savings associations, including savings and loan associations, building and loan associations, investment companies, financial institutions, and other persons carrying on a banking business; all administrators, guardians, executors, trustees, and other fiduciaries; and all other persons who are authorized to invest in bonds or other obligations of the state may properly and legally invest funds including capital in their control or belonging to them. The revenue bonds are also made securities which may be deposited with and shall be received by all public officers and bodies of this state and all municipalities and political subdivisions of this state for any purpose for which the deposit of the bonds or other obligations of this state may be authorized.    (Code 1981, §10-9-56, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-57 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-57. Validation of Bonds; Applicability of "Revenue Bond law."

  Revenue bonds of the authority shall be confirmed and validated in accordance with the procedures of Article 3 of Chapter 82 of Title 36, the "Revenue Bond Law." The revenue bonds and any security therefor when validated and the judgment of validation shall be final and conclusive with respect to such revenue bonds and any security therefor and against the authority issuing the same and any person, firm, corporation, county, municipality, authority, subdivision, instrumentality, or other agency contracting with the authority and any and all other persons who were or could have become parties to the proceedings.   Revenue bonds issued by the authority shall not be subject to the limitations of term or interest set forth in the "Revenue Bond Law" or any other law.   Notwithstanding the provisions of the "Revenue Bond Law," in its resolution authorizing the issuance of revenue bonds, the authority, in its discretion, in lieu of specifying the rate or rates of interest which the revenue bonds are to bear, may state that the bonds when issued will bear interest at a rate or rates which may be fixed or variable, not exceeding a maximum per annum rate of interest specified in the resolution. The petition, complaint, notice to the district attorney, and notice to the public required to be filed or published under the "Revenue Bond Law" shall conform to the resolution authorizing the issuance of the revenue bonds.     (Code 1981, §10-9-57, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-58 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-58. Legislative Findings; State Covenants

 It is found, determined, and declared that the carrying out of the purposes of the authority as defined in this article is in all respects for the benefit of the people of this state and that the purposes are public purposes; that the authority will be performing an essential governmental function in the exercise of the powers conferred upon it by this article; and that the activities authorized in this article will develop and promote trade, commerce, industry, and employment opportunities to the public good and the general welfare and promote the general welfare of the state. The state covenants with the holders of the revenue bonds that the authority shall be required to pay no taxes or assessments of the state or its municipalities or political subdivisions upon any of the property acquired or leased by it, or under its jurisdiction, control, possession, or supervision or upon its activities in the acquisition, construction, operation, or maintenance of the facilities erected or acquired by it, including the purchase of tangible personal property for such purposes, or any fees, rentals, or other charges, for the use of such facilities, or any other income received by the authority. Further, the state covenants that the revenue bonds of the authority, their transfer, and the income therefrom shall at all times be exempt from taxation within this state by the state or its municipalities or political subdivisions. Any exemption from taxation provided by this Code section shall not include exemption from sales and use taxes on sales made by the authority in transactions or to persons not otherwise exempt therefrom.    (Code 1981, §10-9-58, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-59 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-59. Inapplicability of "Georgia Uniform Securities Act of 2008."

 Revenue bonds issued under the authority of this article shall not be a security within the meaning of, and shall not otherwise be subject to any of the provisions of, Chapter 5 of this title, the "Georgia Uniform Securities Act of 2008."    (Code 1981, §10-9-59, enacted by Ga. L. 1988, p. 556, § 4; Ga. L. 2008, p. 381, § 10/SB 358.)
GA Code § 10-9-60 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-60. Jurisdiction Over Actions

 Any action to protect or enforce any rights under this article shall be brought in the Superior Court of Fulton County, Georgia, and any action pertaining to validation of any revenue bonds issued under this article shall likewise be brought in such court which shall have exclusive, original jurisdiction of such actions.    (Code 1981, §10-9-60, enacted by Ga. L. 1988, p. 556, § 4.)
GA Code § 10-9-61 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 9 - Geo. L. Smith Ii Georgia World Congress Center|Article 3 - Revenue Bonds|§ 10-9-61. Cumulative Nature of Authority Powers; Power to Pledge or Assign Rents, Revenues, Earnings, and Funds as Security for Indebtedness

  The powers granted to the authority under this article are cumulative and not in derogation of the powers otherwise granted to the authority under this chapter.   Without limitation of the foregoing, the authority shall have the power to pledge or assign as security for the payment of, and to apply in the payment of, any indebtedness incurred by the authority under paragraph (9) of subsection (b) of Code Section 10-9-4 any rents, revenues, earnings, and funds derived from or in connection with the facilities undertaken under this article or any project under this chapter or otherwise available to the authority for such purposes, as the authority may determine necessary or appropriate, subject to such limitations or priorities as may be established incident to the issuance of revenue bonds under this article.     (Code 1981, §10-9-61, enacted by Ga. L. 1989, p. 1195, § 11.)
GA Code § 10-10-2 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 10 - Seed-Capital Fund|Article 1 - General Provisions|§ 10-10-2. Creation of Seed-Capital Fund

 There is created the Seed-Capital Fund to be managed by the center under the authority of the board.    (Code 1981, §10-10-2, enacted by Ga. L. 1989, p. 1674, § 1; Ga. L. 2000, p. 473, § 1; Ga. L. 2004, p. 431, § 1.)   Editor's notes.   - Ga. L. 2004, p. 431, § 1, effective May 13, 2004, reenacted this Code section without change.
GA Code § 10-10-3 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 10 - Seed-Capital Fund|Article 1 - General Provisions|§ 10-10-3. Moneys in the Fund to Be Handled in Accordance With Policies Authorized by the Board

  The fund is created as a separate fund maintained by the board or a body designated by the board and shall be expended only as provided in this article. Pending their use as equity contributions or as loans, the moneys in the fund may be invested and reinvested in accordance with the investment policies authorized by the board or its designee. The entire cost of administration of the fund, including expenses of the center incurred in connection with the creation, operation, management, liquidation, and investment of fund moneys in enterprises, directly or through investment entities, may be paid from the assets of the fund. All moneys appropriated to or otherwise paid into the fund shall be presumptively concluded to have been committed to the purpose for which they have been appropriated or paid and shall not lapse.   The fund shall consist of all moneys authorized by law for deposit in the fund, including, but not limited to, gifts, grants, private donations, and funds by government entities authorized to provide funding for the purposes authorized for use of the fund and any payments or returns on investments made by the center.   In return for equity contributions by the fund, at the discretion of the center, the state shall receive either direct ownership of qualified securities of an enterprise or a limited liability ownership in an investment entity either directly or indirectly through an investment entity as to which the state is the sole limited liability owner as permitted in subsection (c) of Code Section 10-10-4 with rights accruing from investments in qualified securities by the investment entity. With respect to loans made from the fund, the state shall receive repayment of the loan in accordance with its terms, with cash proceeds or other assets from such repayments being deposited in or held through the fund. Additional returns to the state shall be secured through the establishment and growth of innovative enterprises that create new, value added products, processes, and services and encourage growth and diversification in the economy of the state.   Disbursements from the fund shall be made upon the instruction of the center director in accordance with the policies of the board.   The center, subject to the approval of the board or its designee, shall be authorized to contract and have contracts and other legal documents prepared to carry out the provisions of this article.   The board shall have the authority to issue policies governing the management and operation of the fund as needed.     (Code 1981, §10-10-3, enacted by Ga. L. 1989, p. 1674, § 1; Ga. L. 1993, p. 1402, § 18; Ga. L. 2000, p. 473, § 1; Ga. L. 2004, p. 431, § 1; Ga. L. 2006, p. 880, § 2/HB 1305; Ga. L. 2013, p. 243, § 3/HB 318.)
GA Code § 10-10-5 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 10 - Seed-Capital Fund|Article 1 - General Provisions|§ 10-10-5. Transfer of Funds for Making Loans

 The center, subject to the approval of the board or its designee, may authorize transfers from the fund to make unsecured or secured loans. With respect to such loans, the center, acting on behalf of the state and the fund, shall have the authority to sell loans, mortgages, security interests, and other obligations held by the state through the fund at public or private sale; to negotiate modifications or alterations in loans, mortgages, security interests, and other obligations held by the fund; to foreclose on any security interest in default or commence any action to protect or enforce any right conferred upon it by any law, mortgage, security agreement, deed of trust, deed to secure debt, contract, or other agreement; to bid for and purchase property which was the subject of such loan, mortgage, security interest, or other obligation held by the fund at any foreclosure or at any other sale; to acquire or take possession of such property; and to exercise any and all rights as provided by law or contract for the benefit or protection of the fund.    (Code 1981, §10-10-5, enacted by Ga. L. 2004, p. 431, § 1.)   Editor's notes.   - Ga. L. 2004, p. 431, § 1, effective May 13, 2004, redesignated former Code Section 10-10-5 as present Code Section 10-10-6.
GA Code § 10-10-6 (2021)
2021 Georgia Code|Title 10 - Commerce and Trade|Chapter 10 - Seed-Capital Fund|Article 1 - General Provisions|§ 10-10-6. Distribution to Be Deposited in the Fund

 All distributions made by an investment entity allocable to the state's limited partner interest or membership interest therein; all cash proceeds with respect to any loan, whether interest, the repayment of principal, or other amounts; or proceeds of the sale or transfer of qualified securities held directly by the fund shall be deposited in the fund for future investment in other investment entities, in other qualified securities of enterprises, for making loans as provided in this article, or to pay the cost of administration of the fund as provided in this article.    (Code 1981, §10-10-5, enacted by Ga. L. 1989, p. 1674, § 1; Ga. L. 2000, p. 473, § 1; Code 1981, §10-10-6, as redesignated by Ga. L. 2004, p. 431, § 1; Ga. L. 2013, p. 243, § 4/HB 318.)   Editor's notes.   - Ga. L. 2004, p. 431, § 1, effective May 13, 2004, redesignated former Code Section 10-10-6 as present Code Section 10-10-7.