Previous inductees include Ray Charles, Alan Jackson and Lynyrd Skynyrd. In order to be nominated for the "Georgy Award," an artist must be born in or reside in Georgia for at least one year and receive a state of national acclaim for achievements in the field of recorded music.

"This is a very special honor for Third Day because we are all Georgia boys through and through and have a sound with Georgia-inspired roots," said lead singer Mac Powell. "It is one of the biggest highlights of our career to be recognized by an organization which acknowledges such a diverse and talented group of people."

The third hit from Third Day's No. 1 album Revelation, "Born Again" reached the top spot of the Billboard's AC Indicator for the week of Aug. 31. The band's Revelation Tour kicks off Oct. 8 in Tallahassee, Fla.