2010 Georgia Code 32-10-130 Case Law
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One Click Case Law for § 32-10-130
O.C.G.A. § 32-10-13 <-- --> O.C.G.A. §32-10-131



2010 Georgia Code

TITLE 32 - HIGHWAYS, BRIDGES, AND FERRIES

CHAPTER 10 - PUBLIC AUTHORITIES
ARTICLE 2 - STATE ROAD AND TOLLWAY AUTHORITY
PART 3 - TRANSPORTATION INFRASTRUCTURE BANK
§ 32-10-130 - Withholding of funds

O.C.G.A. 32-10-130 (2010)
32-10-130. Withholding of funds


(a) If a government unit fails to collect and remit in full all amounts due to the bank on the date these amounts are due under the terms of any note or other obligation of the government unit, the bank shall notify the appropriate state officials who shall withhold all or a portion of the funds of the state and all funds administered by the state and its agencies, boards, and instrumentalities allotted or appropriated to the government unit and apply an amount necessary to the payment of the amount due.

(b) Nothing contained in this Code section mandates the withholding of funds allocated to a government unit which would violate contracts to which the state is a party, the requirements of federal law imposed on the state, or judgments of a court binding on the state.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com