Georgia Statutes

§ 50-25-4 — General powers

Georgia § 50-25-4

This text of Georgia § 50-25-4 (General powers) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 50-25-4 (2026).

Text

(a)The authority shall have the following powers:
(1)To have a seal and alter the same at its pleasure;
(2)To make and execute contracts, lease agreements, and all other instruments necessary or convenient to exercise the powers of the authority or to further the public purpose for which the authority is created;
(3)To acquire by purchase, lease, or otherwise and to hold, lease, and dispose of real or personal property of every kind and character, or any interest therein, in furtherance of the public purpose of the authority;
(4)To apply for and to accept any gifts or grants or loan guarantees or loans of funds or property or financial or other aid in any form from the federal government or any agency or instrumentality thereof, or from the state or any agency or instrumentality there

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Legislative History

Amended by 2021 Ga. Laws 307,§ 50, eff. 5/10/2021. Amended by 2018 Ga. Laws 423,§ 4-3, eff. 5/7/2018. Amended by 2017 Ga. Laws 187,§ 2, eff. 7/1/2017. Amended by 2009 Ga. Laws 46,§ 1, eff. 4/21/2009. Amended by 2005 Ga. Laws 22,§ 2, eff. 7/1/2005.

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Bluebook (online)
Georgia § 50-25-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/50-25-4.