O.C.G.A.
O.C.G.A.

O.C.G.A. § 36-60-15 (2019)

Property subject to contract for lease purchase or installment purchase

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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Each county or municipality in this state is authorized to accept the title to property subject to a contract for lease purchase or installment purchase and is authorized to transfer title back to the vendor in the name of the county or municipality in the event that the contract is not fully consummated.

History

Code 1981, § 36-60-15, enacted by Ga. L. 1990, p. 254, § 1.

Annotations

Code Commission notes. - Two 1990 Acts added a new Code Section 36-60-14. Pursuant to Code Section 28-9-5, the Code

section enacted by Ga. L. 1990, p. 8 has retained the Code Section 36-60-14 designation and the Code section enacted by Ga. L. 1990, p. 254 has been redesignated as Code Section 36-60-15.