LC 28 1880
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Code Section 9-13-36 of the Official Code of Georgia Annotated, relating
to transfer of execution upon payment, status of transferee, and recording
necessary to preserve lien, so as to prohibit the sale of tax executions and to
make the sale of such tax executions unlawful; to provide for related matters;
to provide an effective date; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Code
Section 9-13-36 of the Official Code of Georgia Annotated, relating to transfer
of execution upon payment, status of transferee, and recording necessary to
preserve lien, is amended by striking the Code section in its entirety and
inserting in lieu thereof a new Code Section 9-13-36 to read as
follows:
"9-13-36.
(a)
Except as otherwise provided in subsection (b) of this Code section,
whenever
Whenever
any person other than the person against whom the same has issued pays any
execution issued without the judgment of a court, under any law, the officer
whose duty it is to enforce the execution, upon the request of the party paying
the same, shall transfer the execution to the party. The transferee shall have
the same rights as to enforcing the execution and priority of payment as might
have been exercised or claimed before the transfer, provided that the transferee
shall have the execution entered on the general execution docket of the superior
court of the county in which the same was issued and, if the person against whom
the same was issued resides in a different county, also in the county of such
persońs
residence within 30 days from the transfer; in default thereof the execution
shall lose its lien upon any property which has been transferred bona fide and
for a valuable consideration before the recordation and without notice of the
existence of the execution.
(b)
Subsection (a) of this Code section shall not apply with respect to any
execution issued for state, county, or municipal taxes or any execution issued
by any tax commissioner, tax receiver, or tax
collector."
SECTION
2.
This
Act shall become effective upon its approval by the Governor or upon its
becoming law without such approval.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.
