Bonds of the authority shall be confirmed and validated in accordance with the procedure
of Article 3 of Chapter 82 of Title 36 of the O.C.G.A., 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 authority.
(1999 Ga. Laws (Act No. 283, page 4815, § 22)
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