TITLE 44 PROPERTY

Section 2. Recordation and Registration of Deeds and Other Instruments, 44-2-1 through 44-2-253.

ARTICLE 2 LAND REGISTRATION

44-2-190. Payment into assurance fund upon original registration; determination of amount.

Upon the original registration of any land under this article, there shall be paid to the clerk as an assurance fund one-tenth of 1 percent of the value of the land to be determined by the court. The fund shall be subject to the trusts and conditions set forth in this part for the uses and purposes of this article.

(Ga. L. 1917, p. 108, § 74; Code 1933, § 60-701; Ga. L. 1982, p. 3, § 44.)