Georgia § 12-3-322 - Leasing of property by competitive bidding.
Full text of Georgia Official Code of Georgia Annotated § 12-3-322 — Leasing of property by competitive bidding., with citation guidance and answers to common questions.
§ 12-3-322. Leasing of property by competitive bidding.
Only after notice is published once a week for four weeks in the official organs of all the counties bordering Lake Lanier and in the official organ of Fulton County, the property described in this part shall be leased as deemed appropriate by the authority at public auction or by sealed competitive bids. The authority shall have the privilege of setting minimum prices below which no bid for lease shall be accepted. When in the opinion of the authority the public welfare demands it, the authority may conclude any authorized lease by private negotiation after first giving notice to the Attorney General of the particulars. (Ga. L. 1962, p. 736, § 9.)
Frequently Asked Questions About Georgia § 12-3-322
What does Official Code of Georgia Annotated § 12-3-322 cover?
Section 12-3-322 ("Leasing of property by competitive bidding.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 12-3-322?
A common citation format is "Official Code of Georgia Annotated § 12-3-322" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 12-3-322 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.