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GEORGIA STATUTES AND CODES

§ 12-3-317 - Lease payments by authority as constituting good, valuable, and sufficient consideration

O.C.G.A. 12-3-317 (2010)
12-3-317. Lease payments by authority as constituting good, valuable, and sufficient consideration


It is found, determined, and declared that the consideration paid and given and to be paid and given to the State of Georgia by the authority for its leasehold, and privileges thereunder, is good and valuable and sufficient consideration therefor and that this action on the part of the authority and the state is in the interest of the public welfare of the State of Georgia and its citizens.

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