Section 52-7-75. Public sale of vessel; disposition of excess proceeds

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(a) Upon order of the court, the person holding the lien on the abandoned vessel shall be authorized to sell such vessel at public sale, as defined by Code Section 11-1-201.

(b) After satisfaction of the lien, the person selling such vessel shall turn the remaining proceeds of such sale, if any, over to the clerk of the court.

Code 1981, § 52-7-75, enacted by Ga. L. 1989, p. 613, § 1.

                    
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