When a receiver is appointed as provided in Code Section 44-13-80, he shall proceed to advertise the real estate once a week for four weeks in the public newspaper in which the sheriff’s sales of the county are advertised. On the first Tuesday of the month immediately following the last advertisement, the receiver shall expose the same for sale at public auction and the money arising from the sale of the property shall be delivered to the judge of the probate court for distribution among the several creditors of the applicant, such distribution to be made according to the dignity of the claims of the several creditors.
History. Ga. L. 1872, p. 44, § 3; Code 1873, § 2035; Code 1882, § 2035; Civil Code 1895, § 2857; Civil Code 1910, § 3407; Code 1933, § 51-1003; Ga. L. 1983, p. 1170, § 2.
Structure Georgia Code
Chapter 13 - Exemptions From Levy and Sale
Article 1 - Constitutional Exemptions
Part 4 - Sale of Excess Property by Receiver
§ 44-13-80. Appointment of Receiver to Sell Excess Realty
§ 44-13-81. Delivery of Excess Personalty to Receiver for Disposition
§ 44-13-82. Sale of Realty and Distribution of Proceeds; Priorities
§ 44-13-83. Procedure for Sale of Personalty
§ 44-13-84. Only One Receiver Authorized
§ 44-13-85. Cancellation of Sale Upon Failure of Any Creditor to Appear and File Claim