In the event the release is granted, it is not incumbent upon the person named in the application as the purchaser or lender on the security of the property in question to inquire into the merits of the application; but the proposed sale or loan must be consummated within 60 days from the date of the authorization of the release, otherwise on the expiration of the sixtieth day it shall become void and ineffectual.
History. Ga. L. 1951, p. 751, § 3.
Structure Georgia Code
Title 45 - Public Officers and Employees
Chapter 8 - Accounting for Public Funds
§ 45-8-4. Bonds — Declaring Office Vacant Upon Officer’s Failure to Give Additional Security
§ 45-8-5. Bonds — Fixing of Amount and Approval
§ 45-8-8. Bonds — When Principal and Surety Not Liable
§ 45-8-9. Bonds — Limitation of Actions on Bonds
§ 45-8-10. Deposit of Funds in Banks or Depositories — Requirement Generally
§ 45-8-14. Depositories for County and School District Moneys
§ 45-8-14.1. Funds Held by Depository; Policies and Procedures; Effective Date
§ 45-8-17. Deposit of Funds in Banks or Depositories — Liability
§ 45-8-20. Citation of Officer, Bank, or Depository to Show Cause; Service of Notice
§ 45-8-21. Right to Appear at Hearing
§ 45-8-23. Authority to Issue Subpoenas; Punishment for Contempt for Refusal to Obey
§ 45-8-26. Action by Bond Obligee Before Citation or Execution
§ 45-8-27. Procedure for Accounting When Officer Succeeds Himself
§ 45-8-28. Personal Representative of Insane or Deceased Officer as Party to Proceedings
§ 45-8-30. Release of Property of County Officers From State Lien — Authorization
§ 45-8-31. Release of Property of County Officers From State Lien — Procedure Generally
§ 45-8-33. Effect of Chapter Upon Liability of Officers to Private Persons