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the Georgia Code
2006 Georgia Code - 2-10-15
2-10-15. In addition to all other remedies provided by
this article, if the Department of Agriculture defaults in the
payment of any rental due under any lease contract and continues in
such default for more than 30 days, the authority may, and shall
upon the written demand of the trustee or 25 percent in amount of
the bondholders, upon ten days´ notice in writing to the
Commissioner of Agriculture and without further legal process or
proceeding, enter upon and take possession of any leased premises
and operate the same for the purpose of securing such default, so
long as the authority deems necessary to restore the lease to good
standing, including the accumulation of a reserve to protect
against further defaults. The power granted by this Code section
shall be continuing and shall not be exhausted by its exercise at
any time or for any period of time. In the event of the exercise of
such power, the authority may designate the Commissioner as its
agent to operate the installation or any leased premises; and the
expense of such operation shall not be subject to the limitation
imposed by paragraph (4) of Code Section 2-10-5.
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