The Governor is authorized to convey to the authority on behalf of the state any real or personal property or interest therein owned by the state in furtherance of this part. The consideration for such conveyance shall be determined by the Governor and expressed in the conveyance, provided that such consideration shall be nominal, the benefits going to the state and its citizens constituting full and adequate consideration.Added by 2002 Ga. Laws 833, § 1, eff. 7/1/2002. Former Part 6 consisting of §§ 400 through 427 was repealed and reserved by 2001 Ga. Laws 280, § 2. The Governor is authorized to convey to the authority on behalf of the state any real or personal property or interest therein owned by the state in furtherance of this part. The consideration for such conveyance shall be determined by the Governor and expressed in the conveyance, provided that such consideration shall be nominal, the benefits going to the state and its citizens constituting full and adequate consideration.Added by 2002 Ga. Laws 833, § 1, eff. 7/1/2002. Former Part 6 consisting of §§ 400 through 427 was repealed and reserved by 2001 Ga. Laws 280, § 2.
Georgia Legal Code