O.C.G.A. § 53-2-50 (2019)
Definition
As used in this article, the term ‘‘escheat’’ is the reversion of property to the state upon a failure of heirs of a decedent to appear and make claim for or against property owned by the decedent at death for which no other disposition was provided either by will or otherwise.
History
Code 1981, § 53-2-50, enacted by Ga. L. 1996, p. 504, § 10.
Annotations
COMMENT Former Title 53 contained no definition of the term ‘‘escheat’’. RESEARCH REFERENCES Am. Jur. 2d. - 27A Am. Jur. 2d, Escheat, §§ 1 et seq., 10 et seq., 20 et seq., 40 et seq. C.J.S. - 33 C.J.S., Executors and Administrators, § 7. 34 C.J.S., Executors and Administrators, § 503. ALR. - Amendment of claim against decedent’s estate after expiration of time for filing claims, 56 A.L.R.2d 627. Validity, and applicability to causes of action not already barred, of a statute
enlarging limitation period, 79 A.L.R.2d 1080. Statute of limitations: effect of delay in appointing administrator or other representative on cause of action accruing at or after death of person in whose favor it would have accrued, 28 A.L.R.3d 1141. Settlement negotiations as estopping reliance on statute of limitations, 39 A.L.R.3d 127.