46-3-112
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46-3-112.
There
is created a public body corporate and politic to be known as the Municipal
Electric Authority of Georgia, which shall be a public corporation of the State
of Georgia and shall have a perpetual existence. This authority, however, shall
not be a state institution nor a department or agency of the state but shall be
an instrumentality of the state, a mere creature of the state, having distinct
corporate entity and being exempt from Article 2 of Chapter 17 of Title 50. The
authority shall have its principal office in Fulton County, and its legal situs
or residence for the purpose of this article shall be Fulton County.