Section 12-3-311 - Creation of authority; delegation of powers and duties; duration of authority's existence(a) There is created a body corporate and politic to be known as the Lake Lanier Islands Development Authority, which shall be deemed an instrumentality of the State of Georgia and a public corporation and by that name, style, and title such body may contract and be contracted with, sue and be sued, implead and be impleaded, and complain and defend in all courts.(b) The authority may delegate to one or more of its members, or to its agents and employees, such powers and duties as it may deem proper.(c) The authority shall exist for 99 years and, upon the expiration thereof, shall exist for an additional 40 years.(d) The authority is assigned to the Department of Natural Resources for administrative purposes only.Amended by 2020 Ga. Laws 600,§ 1-1, eff. 8/5/2020.