---
title: O.C.G.A. § 36-82-71. Surrender of receivership upon cure of default.
collection: code
id: 36-82-71
cite_as: O.C.G.A. § 36-82-71 (2025)
canonical_url: https://georgiacommons.org/code/36-82-71
md_url: https://georgiacommons.org/code/36-82-71.md
text_url: https://georgiacommons.org/code/36-82-71/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t36-ch60-92-(v27a)-2025-pdf.pdf?sfvrsn=1fad51cc_0#page=512
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/36-82.md
previous: https://georgiacommons.org/code/36-82-70.md
next: https://georgiacommons.org/code/36-82-72.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Session of the General Assembly of Georgia
heading_path: LOCAL GOVERNMENT / Provisions Applicable to Counties, Municipal Corporations, and Other Governmental Entities / BONDS / REVENUE BONDS
---

# O.C.G.A. § 36-82-71. Surrender of receivership upon cure of default.

Whenever all that is due upon the revenue bonds and interest thereon and upon any other notes, bonds, or other obligations and interest thereon having a charge, lien, or encumbrance on the revenues of the undertaking and under any of the terms of any covenants or agreements with holders of revenue bonds has been paid or deposited as provided therein and all defaults have been cured and made good and it appears to the court that no default is imminent, the court shall direct the receiver to surrender possession of the undertaking to the governmental body. The same right of the holders of the revenue bonds to secure the appointment of a receiver shall exist upon any subsequent default as is provided in Code Section 36-82-67.

## History

Ga. L. 1937, p. 761, § 8.