2010 Georgia Code 44-14-412 Case Law
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One Click Case Law for § 44-14-412
O.C.G.A. § 44-14-411 <-- --> O.C.G.A. §44-14-42-1



2010 Georgia Code

TITLE 44 - PROPERTY

CHAPTER 14 - MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENS
ARTICLE 8 - LIENS
PART 5 - PAWNBROKERS, FACTORS, BAILEES, ACCEPTORS, AND DEPOSITORIES
§ 44-14-412 - Depositories of involuntary, gratuitous, or naked deposits -- Disposition of proceeds of sale; one-year limitation for claims of owner

O.C.G.A. 44-14-412 (2010)
44-14-412. Depositories of involuntary, gratuitous, or naked deposits -- Disposition of proceeds of sale; one-year limitation for claims of owner


The proceeds of any sale made under Code Sections 44-14-410, 44-14-411, and 44-14-411.1 shall be applied to the payment of any expense incurred in caring for the property sold, any expense incurred in endeavoring to locate and make delivery of the property to the owner, any expense of advertising the sale, and any other necessary expenses. Should there be a balance, the balance shall be payable to the owner of the property; provided, however, that any claim of an owner shall be barred unless made within one year from the date of the sale.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com