reglab/housing_qa huggingface dataset:
GA Code § 12-3-198 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-198. Location, Construction, Improvement, and Maintenance of Highways, Roads, Streets, and Rights of Way

  The State Transportation Board is authorized to make such studies and estimates in connection with the location and relocation of highways, roads, streets, and rights of way in connection with the project, whether within or without the project area, as may be necessary to the relocation of any roads, streets, or highways within the property of the association. The board shall, at the expense of the Department of Transportation, relocate such roads, streets, and highways so as to conform to the plan of the association for the development and improvement of the project.   The association may grant rights of way and easements for highways and roads within the project area to the Department of Transportation. The Department of Transportation is authorized to lay out, construct, improve, and maintain any such roads and rights of way. The cost of any such undertaking shall be deemed to be a proper and legitimate expense of the Department of Transportation.   The State Transportation Board or its successors and the Department of Transportation are empowered to acquire, in any manner permitted by law, real property, any interest therein, or rights of way for the location and relocation of highways and roads located in proximity to the project. The board and the department are authorized to expend any available funds for the purpose of such locating and relocating and for constructing, improving, and maintaining any such highways and roads; and the cost of any such undertaking shall be deemed a proper and legitimate expense of such board or department.    (Ga. L. 1958, p. 61, § 8.)
GA Code § 12-3-199 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-199. Association Fund

  All revenues in excess of all obligations of the association of every nature which are not otherwise pledged or restricted as to disposition and use by the terms of any trust indenture entered into by the association for the security of bonds issued under this part, together with all receipts and gifts of every kind and nature whatsoever, shall be and become the association fund.   The association, in its discretion, shall pledge or utilize the association fund for any one or more of the following purposes:   Pledges to the payment of any bond issue requirements, or to sinking or reserve funds, as may be provided for under the terms of this part;   Payment of any outstanding unpaid bond obligations or administrative expenses;   The most advantageous obtainable purchase, redemption, and retirement of the association's bonds pursuant to privileges accorded to the association in the various issues of bonds outstanding; and   Investment or reinvestment in any of the following obligations:   Obligations of this state or other states;   Obligations issued by the United States;   Obligations fully insured or guaranteed by a United States government agency;   Obligations of any corporation of the United States;   Prime bankers' acceptances;   The local government investment pool established by Chapter 83 of Title 36, the "Local Government Investment Pool Act";   Repurchase agreements;   Obligations of other political subdivisions of this state; and   Certificates of deposit;  provided, however, that funds so invested and income from such investments shall always be available to and ultimately expended for other purposes authorized by this chapter.        After all outstanding bonds or obligations of the association issued to pay the cost of the project or any part thereof have been paid or satisfied by payment redemption and retirement, or otherwise, all revenues from the project in excess of those necessary to maintain, operate, and manage such project (including extensions, renewals, and additions thereto), unless otherwise allocated or pledged as provided in this Code section, shall be paid to the state treasury and become a part of the general funds of the state.    (Ga. L. 1958, p. 61, § 9; Ga. L. 1982, p. 1864, §§ 1, 2.)
GA Code § 12-3-200 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-200. Revenue Bonds - Power of Association to Adopt Resolutions Providing for and to Issue Bonds

 The association, or any association, authority, or body which has succeeded or which may in the future succeed to the powers, duties, and liabilities vested in the association, shall have power and is authorized at one time, or from time to time, to issue negotiable bonds in a sum not to exceed $15 million in principal amount outstanding at any one time, for the purpose of paying all or any part of the cost of the project, including the acquisition of the property authorized by paragraph (2) of Code Section 12-3-194 to be acquired by the association, in the event funds for such acquisition do not become available under Code Section 12-3-197. The association shall also have the power to adopt all necessary and appropriate resolutions to provide for the issuance of such negotiable bonds.   (Ga. L. 1958, p. 61, § 10; Ga. L. 1959, p. 333, § 2; Ga. L. 1964, p. 357, § 2; Ga. L. 1967, p. 794, § 1.)   Cross references.   - Revenue bonds generally, § 36-82-60 et seq.
GA Code § 12-3-201 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-201. Revenue Bonds - Sale by Public Competitive Bidding; Determination of Price and Rate of Interest; Dating of Bonds; Payment of Principal and Interest; Time of Maturity

  All bonds of the association shall be sold at public competitive bidding at a price of not less than par plus accrued interest to date of delivery, provided that the association may obligate itself to deliver any given issue of bonds to the purchasers thereof within any reasonable period of time after the sale and may pay as a penalty for delay in such delivery such reasonable sums as may be agreed upon in advance in writing with the purchasers. All bonds of the association shall be advertised and offered prior to the fixing of the interest rates thereon; and bids thereon shall be competitive as to the interest rate offered by each bidder, provided that as to any issue of bonds the association may make rules limiting the number of divisions into which the bonds of various maturity dates may be divided and the number and percentage spreads of the different interest rates which may be bid to apply to such divisions of bonds. The association may require reasonable security for the performance of the contract of purchase of any successful bidder at any public competitive bidding.   Bonds shall be dated, shall bear interest determined as provided in subsection (a) of this Code section, and shall be payable as to both principal and interest in such manner as may be determined by the association. The principal of and interest on such bonds shall be payable solely from the special fund provided in Code Section 12-3-212 for such payment.   Bonds shall mature not more than 25 years from the date of such bonds and may be made redeemable before maturity at the option of the association at such price or prices and under such terms and conditions as may be fixed by the association in the resolution providing for the issuance of bonds.    (Ga. L. 1958, p. 61, § 11.)
GA Code § 12-3-202 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-202. Revenue Bonds - Form; Denominations; Place of Payment of Principal and Interest; Issuance in Coupon or Registered Form

 The association shall determine the form of the bonds, including any interest coupons to be attached thereto, and shall fix the denomination or denominations of the bonds and the place or places of payment of the principal and interest thereon, which may be at any bank or trust company within or without the state. The bonds may be issued in coupon or registered form, or both, as the association may determine, and provision may be made for the registration of any coupon bond as to principal alone or as to both principal and interest.   (Ga. L. 1958, p. 61, § 12.)
GA Code § 12-3-203 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-203. Revenue Bonds - Signatures; Seal

 All bonds shall be signed by the chairman of the association, shall be attested by the secretary thereof, and shall bear the official seal of the association. Any coupons attached thereto shall bear the signature of the chairman of the association and may, if the resolution authorizing the issuance of the bonds so provides, be attested by the secretary of the association. Any coupon may bear the facsimile signature of such persons, and any bond may be signed, sealed, and attested on behalf of the association by such persons as at the actual time of the execution of such bonds shall be duly authorized to hold the proper office, although at the date of such bonds such persons may not have been so authorized or shall not have held such office. In case any officer whose signature shall appear on any bonds or whose facsimile signature shall appear on any coupon shall cease to be such officer before the delivery of such bonds, such signature shall nevertheless be valid and sufficient for all purposes the same as if he had remained in office until such delivery.   (Ga. L. 1958, p. 61, § 13.)
GA Code § 12-3-204 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-204. Revenue Bonds - Status as Negotiable Instruments; Tax Exemption for Bonds and Income Therefrom

 All bonds issued under this part shall have and are declared to have all the qualities and incidents of negotiable instruments under the negotiable instruments laws of this state. Such bonds and the income thereof shall be exempt from all taxation within the state.   (Ga. L. 1958, p. 61, § 14.)
GA Code § 12-3-205 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-205. Revenue Bonds - Use and Manner of Disbursement of Proceeds; Procedure Where Proceeds Are Less Than or Greater Than Cost of Projects

 The proceeds of bonds shall be used solely for the payment of the cost of the project and shall be disbursed upon requisition or order of the chairman of the association or its duly bonded agents under such restrictions, if any, as the resolution authorizing the issuance of the bonds or the trust indentures may provide. If the proceeds of such bonds, by error of calculation or otherwise, shall be less than the cost of the project, then unless otherwise provided in the resolution authorizing the issuance of the bonds or in the trust indenture, additional bonds may in like manner be issued to provide the amount of such deficit. These additional bonds, unless otherwise provided in the resolution authorizing the issuance of the 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 bonds first issued for the same purpose. If the proceeds of the bonds of any issue shall exceed the amount required for the purpose for which such bonds were issued, all surplus shall be paid into the sinking fund provided in Code Section 12-3-212 for the payment of principal and interest of such bonds.   (Ga. L. 1958, p. 61, § 15.)
GA Code § 12-3-206 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-206. Revenue Bonds - Issuance of Interim Receipts, Interim Certificates, and Temporary Bonds

 Prior to the preparation of definitive bonds, the association may, under like restrictions, issue interim receipts, interim certificates, or temporary bonds, with or without coupons, exchangeable for definitive bonds upon the issuance of the latter.   (Ga. L. 1958, p. 61, § 16.)
GA Code § 12-3-207 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-207. Revenue Bonds - Replacement of Mutilated, Destroyed, or Lost Bonds

 The association may provide for the replacement of any bond which becomes mutilated or is destroyed or lost.   (Ga. L. 1958, p. 61, § 17.)
GA Code § 12-3-208 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-208. Revenue Bonds - Immediate Effectiveness of Resolutions Providing for Issuance of Bonds; Time and Manner of Passage of Resolutions

 Resolutions for the issuance of bonds may be adopted 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 part. Any resolution providing for the issuance of bonds under this part shall become effective immediately upon its passage and need not be published or posted. Any such resolution may be passed at any regular, special, or adjourned meeting of the association by a majority of its members.   (Ga. L. 1958, p. 61, § 18.)
GA Code § 12-3-209 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-209. Revenue Bonds - Status as Constituting Debt or Pledge of Credit of State; Effect of Issuance of Bonds on Obligation of State to Tax or Make Appropriations; Recitals on Face of Bonds

 Bonds issued under this part shall not be deemed to constitute a debt of the State of Georgia or a pledge of the credit of the state. Such bonds shall be payable solely from the fund provided for in Code Section 12-3-212; and the issuance of such bonds shall not directly, indirectly, or contingently obligate the state to levy or to pledge any form of taxation whatsoever therefor or to make any appropriation for their payment. All such bonds shall contain recitals on their face covering substantially the foregoing provisions of this Code section.   (Ga. L. 1958, p. 61, § 19.)
GA Code § 12-3-210 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-210. Revenue Bonds - Securing Bonds by Trust Indenture

  In the discretion of the association, any issue of bonds may be secured by a trust indenture by and between the association and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside of the state.   Resolutions providing for the issuance of bonds and trust indentures may contain such provisions for protecting and enforcing the rights and remedies of the bondholders, including the right to the appointment of a receiver for the project upon the default of any principal or interest payment upon the bonds thereof, and including the right of any receiver or indenture trustee to enforce collections of rents, revenues, or other charges for the use of the project necessary to pay all costs of operation, the principal and interest on the issue, the cost of collection, and all things reasonably necessary to accomplish the collection of such sums, in the event of any default of the association.   Such resolutions or trust indentures may include covenants setting forth the duties of the association in relation to the acquisition of the property, the construction of the project, the maintenance, operation, repair, and insurance of the project, and the custody, safeguarding, and application of all moneys and may also contain provisions concerning the conditions, if any, upon which additional bonds may be issued. An indenture may also set forth the rights and remedies of the bondholders and of the trustee and may restrict the individual right of action of bondholders as is customary in trust indentures securing bonds and debentures of corporations. In addition, an indenture may contain such other provisions as the association may deem advisable, reasonable, and proper for the security of the bondholders.   It shall be lawful for any bank or trust company incorporated under the laws of this state to act as such depository and to furnish such indemnifying bonds or pledge such securities as may be required by the association.   All expenses incurred in carrying out such trust indenture may be treated either as a part of the cost of maintenance, operation, and repair of the project affected by such indenture or as an administrative expense of the association.    (Ga. L. 1958, p. 61, § 20.)
GA Code § 12-3-211 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-211. Revenue Bonds - Designation of Recipient of Bond Proceeds

 The association shall, in the resolution providing for issuance of 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, or any agency, bank, or trust company which, shall act as trustee of such funds and shall hold and apply the same to the purposes expressed in this part, subject to such regulations as this part and such resolution or trust indenture may provide.   (Ga. L. 1958, p. 61, § 21.)
GA Code § 12-3-212 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-212. Revenue Bonds - Establishment of Sinking Funds for Payment of Principal, Interest, and Other Costs

  The revenues, rents, and earnings derived from the project may be pledged by the association to the payment of principal and interest on bonds of the association as any resolution authorizing the issuance of the bonds or any trust instrument may provide. Such funds so pledged, from whatever source received, may include funds received from one or more or all sources and may be set aside into sinking funds at regular intervals which may be provided in any resolution or trust indenture.   All such sinking funds shall be pledged to and charged with the payment of:   The interest upon such bonds as such interest shall fall due;   The principal of the bonds as the same shall fall due;   The necessary charges of paying agents for paying principal and interest; and   Any premium upon bonds retired by call or purchase as provided in Code Section 12-3-199.     The use and disposition of such sinking fund shall be subject to such regulations as may be provided for in the resolution authorizing the issuance of the bonds or in the trust indenture; but, except as may otherwise be provided in such resolutions or trust indentures, such sinking funds, individually, shall be funds for the benefit of all revenue bonds without distinction or priority of one over another.   Subject to the provisions of the resolution authorizing the issuance of the bonds or the provisions of the trust indenture of any given bond issue, any moneys in all sinking funds, after all bonds and interest thereon for which such sinking funds were pledged have been paid, may be paid into the association fund provided for in Code Section 12-3-199.    (Ga. L. 1958, p. 61, § 22.)
GA Code § 12-3-213 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-213. Revenue Bonds - Revenue Refunding Bonds

 The association is authorized, subject to the provisions of any prior resolution or trust indenture, to provide by resolution for the issuance of refunding bonds of the association for the purpose of refunding any bonds issued under this part and then outstanding, together with accrued interest thereon. The issuance of such refunding bonds, the maturities and all other details thereof, the rights of the holders thereof, and the duties of the association in respect to the same shall be governed by this part insofar as the same may be applicable.   (Ga. L. 1958, p. 61, § 23.)
GA Code § 12-3-214 (2021)
2021 Georgia Code|Title 12 - Conservation and Natural Resources|Chapter 3 - Parks, Historic Areas, Memorials, and Recreation|Article 6 - Memorials|Part 4 - Stone Mountain Memorial Association|§ 12-3-214. Revenue Bonds - Remedies of Bondholders, Coupon Holders, and Trustee

 Except to the extent the rights given in this Code section may be restricted by resolution passed before the issuance of bonds or by a trust indenture, any holder of revenue bonds or interest coupons issued under this part, any receiver for such holders, or any indenture trustee, if there are any, 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 of Georgia or granted by this part or under such resolution or trust indenture. Such holder, receiver, or trustee may enforce and compel performance of all duties required by this part, or by resolution or trust indenture, to be performed by the association or any officer thereof, including the fixing, charging, and collecting of revenues, rents, and other charges for the use of the project or projects. In the event of default of the association upon the principal and interest obligations of any revenue bond issue, such holder, receiver, or trustee shall be subrogated to each and every right, specifically including the contract rights of collecting rental, which the association may possess against the state or any department, agency, or institution of the state and, in the pursuit of his or its remedies as subrogee, may proceed either at law or in equity, by action, mandamus, or other proceedings, to collect any sums by such proceedings due and owing to the association and pledged or partially pledged directly or indirectly to the benefit of the revenue bond issue of which such holder, receiver, or trustee is representative. No holder, receiver, or trustee shall have the right to compel any exercise of the taxing power of the state to pay any such bond or the interest thereon or the right to enforce the payment thereof against any property of the state; nor shall any such bond constitute a charge, lien, or encumbrance, legal or equitable, upon the property of the state, provided that any provision of this part or any other law to the contrary notwithstanding, any such holder, receiver, or trustee shall have the right by appropriate legal or equitable proceedings (including, without being limited to, mandamus) to enforce compliance by the appropriate public officials with the provisions of Article VII, Section IV of the Constitution of Georgia, and permission is given for the institution of any such proceedings to compel the payment of lease obligations.   (Ga. L. 1958, p. 61, § 24; Ga. L. 1964, p. 357, § 4; Ga. L. 1982, p. 3, § 12; Ga. L. 1983, p. 3, § 49.)