Georgia Statutes

§ 33-10-17 — Valuation of mortgage reserves

Georgia·Title 33
Mortgages on real property referred to in subsection (a) of Code Section 33-10-16 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of the real property, whichever is less.

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Legislative History

Amended by 2019 Ga. Laws 139,§ 1-61, eff. 7/1/2019.

Nearby Sections

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