Georgia Statutes
§ 50-26-16 — Termination of authority
Georgia § 50-26-16
JurisdictionGeorgia
Title50
This text of Georgia § 50-26-16 (Termination of authority) 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. § 50-26-16 (2026).
Text
The authority and its corporate existence shall continue until terminated by law; provided, however, that no such law shall take effect so long as the authority shall have bonds or other obligations outstanding, unless adequate provision has been made for the payment thereof. On termination of the existence of the authority, all its rights and properties shall pass to and be vested in the State of Georgia.
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Bluebook (online)
Georgia § 50-26-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/50-26-16.