Bonds of the authority shall be confirmed and validated in accordance with the procedure
of the Revenue Bond Law, as now or hereafter amended. The petition for validation
shall also make party defendant to such action any municipality, county, authority,
subdivision, or instrumentality of the State of Georgia which has contracted with
the authority for services and facilities of the project for which bonds are to be
issued and sought to be validated; and such municipality, county, authority, subdivision
or instrumentality 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 and
the validity of the terms thereof be determined and the contract or contracts 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, against the authority issuing the same, and any municipality, county, authority,
subdivision or instrumentality contracting with the said authority.
(1981 Ga. Laws (Act No. 667), page 4350, § 3)
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