§ 2-371. Validation  


Latest version.
  • Bonds of the commission shall be confirmed and validated in accordance with the procedures of O.C.G.A. tit. 36, ch. 82, art. 3 (O.C.G.A. § 36-82-60 et seq.), known as the "Revenue Bond Law." The petition for validation shall also make party defendant to such action any municipality, county, authority, subdivision, or instrumentality of the State of Georgia which has contracted with the commission. The bonds, when validated, and the judgment of validation shall be final and conclusive with respect to such bonds against the commission issuing the same and any municipality, county, authority, subdivision, or instrumentality contracting with the commission.

(1990 Ga. Laws (Act No. 1177), page 5170, § 21)