Georgia § 12-3-403 - Purpose and nature of authority.
Full text of Georgia Official Code of Georgia Annotated § 12-3-403 — Purpose and nature of authority., with citation guidance and answers to common questions.
§ 12-3-403. Purpose and nature of authority.
The corporate purpose and the general nature of the business of the authority shall be the acquisition or establishment of projects consistent with but not limited to one or more of the goals specified in paragraph (5) of Code Section 12-6A-2; their maintenance and protection; and their development or restoration. The authority's purpose also shall be to engage in such other activities as it deems appropriate to promote use of any project by means of promoting tourism and educational, entertainment, recreational, athletic, or other events within the state and to promote the use of the educational, historical, cultural, recreational, and natural resources of the state by persons using or visiting any project. (Code 1981, § 12-3-403 , enacted by Ga. L. 2002, p. 820, § 1; Ga. L. 2003, p. 448, § 3; Ga. L. 2008, p. 90, § 2-1/HB 1176.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 12-3-403
What does Official Code of Georgia Annotated § 12-3-403 cover?
Section 12-3-403 ("Purpose and nature of authority.") 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 § 12-3-403?
A common citation format is "Official Code of Georgia Annotated § 12-3-403" (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 § 12-3-403 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.