GEORGIA CODE (Last Updated: August 20, 2013) |
Title 36. LOCAL GOVERNMENT |
Provisions PROVISIONS APPLICABLE TO COUNTIES AND MUNICIPAL CORPORATIONS |
Chapter 60. GENERAL PROVISIONS |
Section 36-60-15. Property subject to contract for lease purchase or installment purchase
Latest version.
- 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.
Code 1981, § 36-60-15, enacted by Ga. L. 1990, p. 254, § 1.