Georgia § 50-4-5 - Contract by executive branch unit for privatization; notice.
Full text of Georgia Official Code of Georgia Annotated § 50-4-5 — Contract by executive branch unit for privatization; notice., with citation guidance and answers to common questions.
§ 50-4-5. Contract by executive branch unit for privatization; notice.
As used in this Code section, the term: "Institution" means any physical facility operated by the executive branch of state government which is used in the delivery of any governmental services and which has an annual operating budget in excess of $1 million. "Program" means any program operated by the executive branch of state government at a cost in excess of $5 million per year. Before any department, agency, authority, or other unit of the executive branch enters into any contract to privatize the operation of any institution or program, the department, agency, authority, or other unit shall give written notice of the proposed privatization to the President of the Senate, the Speaker of the House, and the appropriate legislative overview committee, if any. Such notice shall be given at least 60 days prior to entering into the contract to privatize the operation of the institution or program. This Code section shall not apply with respect to any privatization effort begun prior to July 1, 1997, or to the renewal of any contract or agreement for the privatization of an institution or program. (Code 1981, § 50-4-5 , enacted by Ga. L. 1997, p. 691, § 1.) Code Commission notes. - Pursuant to Code Section 28-9-5, in 1997, "July 1, 1997," was substituted for "the effective date of this Code section" in subsection (c).
Frequently Asked Questions About Georgia § 50-4-5
What does Official Code of Georgia Annotated § 50-4-5 cover?
Section 50-4-5 ("Contract by executive branch unit for privatization; notice.") 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 § 50-4-5?
A common citation format is "Official Code of Georgia Annotated § 50-4-5" (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 § 50-4-5 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.