---
title: O.C.G.A. § 50-8-39. Appointment of receiver of assets upon commission’s ceasing operations.
collection: code
id: 50-8-39
cite_as: O.C.G.A. § 50-8-39 (2025)
canonical_url: https://georgiacommons.org/code/50-8-39
md_url: https://georgiacommons.org/code/50-8-39.md
text_url: https://georgiacommons.org/code/50-8-39/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t49-t50-ch1-12-(v38)-2023-pdf.pdf?sfvrsn=60c992b5_0#page=758
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/50-8.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: STATE GOVERNMENT / DEPARTMENT OF COMMUNITY AFFAIRS / REGIONAL COMMISSIONS / GENERAL PROVISIONS
---

# O.C.G.A. § 50-8-39. Appointment of receiver of assets upon commission’s ceasing operations.

Upon a regional commission’s ceasing operations, the local government members of the regional commission shall, within 30 days of cessation of the regional commission’s operations, appoint a receiver of the assets of the regional commission for the protection of creditors. The receiver shall be authorized to marshal, sell, or transfer assets, pay liabilities, and assess counties and municipalities which were members of the regional commission. After the completion of such liquidation, a distribution shall be made to the local government members on a pro rata basis according to the amount of contributions such members made to the regional commission.

## History

Code 1981, § 50-8-39, enacted by Ga. L. 2008, p. 181, § 5/HB 1216.