36-60-15. Property subject to contract for lease purchase or installment purchase.

Active

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

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.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

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

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.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Session of the General Assembly of Georgia.

Text read from t36-ch60-92-(v27a)-2025-pdf.pdf, Volume V27A, 2025 edition, pages 42 to 43; merge action: bound only; file SHA-256 5150ee8c60f7.