Title 12, Chapter 3, Section 376
( 12-3-376)
Bonds of the authority shall be confirmed and validated in
accordance with the procedure of Article 3 of Chapter 82 of Title
36. The petition for validation shall also make party defendant to
such action any authority, subdivision, instrumentality, or agency
of the State of Georgia which has contracted with the authority for
the use of any building or facility for which bonds have been issued
and sought to be validated. Such authority, subdivision,
instrumentality, or agency shall be required to show cause, if any,
why such contract or contracts and the terms and conditions thereof
should not be inquired into by the court, the validity of the terms
thereof determined, and the contract adjudicated as security for the
payment of any such bonds of the authority. The bonds when
validated and the judgment of validation shall be final and
conclusive with respect to such bonds and against the authority
issuing the same and any authority, subdivision, instrumentality,
department, or agency contracting with the authority. |