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

O.C.G.A. § 48-5-81 (2019)

Payment by holder of deed to secure debt or by mortgagee; effect on right to foreclose

✓ 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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If any holder of a deed to secure debt or any mortgagee elects to pay the taxes of an applicant who qualifies for and receives a tax deferral, such election shall not give the holder of the deed or the mortgagee the right to foreclose.

History

Code 1933, § 91A-2415, enacted by Ga.

L. 1980, p. 1707, § 1; Ga. L. 1981, p. 1857, § 32.