If the debtor in value owns real property in town which exceeds the sum of $500.00 and it cannot be so divided as to give that amount to his family, he may give notice to the officer levying thereon. When the proceeds of the sale are distributed, the court shall order $500.00 of the same to be invested by some proper person in a home for the family of the debtor, which home shall be exempt as if laid off under this article.
History. Orig. Code 1863, § 2017; Code 1868, § 2017; Code 1873, § 2044; Code 1882, § 2044; Civil Code 1895, § 2870; Civil Code 1910, § 3420; Code 1933, § 51-1404.
Structure Georgia Code
Chapter 13 - Exemptions From Levy and Sale
Article 2 - Statutory Exemptions
§ 44-13-100. Exemptions for Purposes of Bankruptcy and Intestate Insolvent Estates
§ 44-13-101. Method of Obtaining Exemption
§ 44-13-102. Survey and Plat of Exempted Land; Return to Probate Court; Recordation
§ 44-13-104. Town Property Worth More Than $500.00; Sale and Reinvestment
§ 44-13-105. Sale of Property Subject to Encumbrance of Homestead
§ 44-13-106. Use of Exempted Property
§ 44-13-107. Exempted Property Subject to Levy and Sale for Purchase Money and Taxes
§ 44-13-108. Levy or Sale of Exempt Property as Trespass; Cause of Action