Title 50, Chapter 9, Section 3
There is created a body corporate and politic to be known as the
Georgia Building Authority which shall be deemed to be an
instrumentality of the state and a public corporation, and by that
name, style, and title the body may contract and be contracted with,
implead and be impleaded, and bring and defend actions in all
courts. The authority shall consist of the Governor, the state
auditor, Lieutenant Governor, Commissioner of Agriculture, and an
appointee of the Governor who is not the Attorney General. The
authority shall elect one of its members as chairman and a secretary
and treasurer who need not necessarily be a member of the authority.
Three members of the authority shall constitute a quorum. No
vacancy on this authority shall impair the right of the quorum to
exercise all the rights and perform all the duties of the authority.
The members of the authority shall not be entitled to compensation
for their services but shall be entitled to and shall be reimbursed
for their actual expenses necessarily incurred in the performance of
their duties. The authority shall make rules and regulations for
its own government. It shall have perpetual existence. Any change
in name or composition of the authority shall in no way affect the
vested rights of any person under this article and Article 2 of this
chapter nor impair the obligations of any contracts existing under
this article and Article 2 of this chapter.