Georgia § 44-7-117 Clerk's role in management of proceeds

Georgia Statutes

§ 44-7-117 — Clerk's role in management of proceeds

The clerk of the magistrate court shall retain the remaining balance of the proceeds of a sale under Code Section 44-7-116 , after satisfaction of liens, security interests, and debts, for a period of 12 months; and, if no claim has been filed against such proceeds by the owner of the abandoned mobile home or any interested party, then the clerk shall pay such remaining balance into the general fund of the municipality or county that employs the local government agent that made the determination that such mobile home was intact pursuant to Code Section 44-7-113 .

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The clerk of the magistrate court shall retain the remaining balance of the proceeds of a sale under Code Section 44-7-116 , after satisfaction of liens, security interests, and debts, for a period of 12 months; and, if no claim has been filed against such proceeds by the owner of the abandoned mobile home or any interested party, then the clerk shall pay such remaining balance into the general fund of the municipality or county that employs the local government agent that made the determination that such mobile home was intact pursuant to Code Section 44-7-113 .

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