Georgia Code
Article 6 - Land Banks
§ 48-4-110. Funding Through Grants and Loans; Receipt of Payments for Various Activities; Remission of Real Property Tax; Allocation of Proceeds From Sale of Property

Any excess proceeds shall be distributed pursuant to any applicable intergovernmental contract or land bank rules, regulations, or bylaws in accordance with the public policy stated in this article.
History. Code 1981, § 48-4-110 , enacted by Ga. L. 2012, p. 1055, § 2/SB 284.

Structure Georgia Code

Title 48 - Revenue and Taxation

Chapter 4 - Tax Sales

Article 6 - Land Banks

§ 48-4-100. Short Title; Applicability

§ 48-4-101. Findings and Declarations

§ 48-4-102. Definitions

§ 48-4-103. Creation; Existence; Board Membership

§ 48-4-104. Initial Size of Board; Continuation of Land Banks Created Before July 1, 2012; Eligibility to Serve; Selection of Chairperson and Officers; Governing Rules and Regulations; Vacancies; Compensation; Meetings; Quorum; Adoption of Byl...

§ 48-4-105. Employment of Executive Director, Legal Counsel, Technical Experts, Agents, and Employees; Contracts and Agreements With Localities for Staffing Services

§ 48-4-106. Powers; Limitation or Withdrawal of Power by Land Bank Member Under Certain Circumstances

§ 48-4-107. Eminent Domain

§ 48-4-108. Exemption of Land Bank Property From State and Local Taxation; Acquisition of Real Property Interests; Land Bank Prohibited From Owning or Holding Real Property Located Outside Geographical Boundaries

§ 48-4-109. Land Bank to Hold Acquired Property in Own Name; Public Review and Inspection of Real Property Inventory; Consideration Necessary for Property Transactions; Hierarchical Ranking of Priorities for Use

§ 48-4-110. Funding Through Grants and Loans; Receipt of Payments for Various Activities; Remission of Real Property Tax; Allocation of Proceeds From Sale of Property

§ 48-4-111. Public Meetings; Conflicts of Interest; Dissolution

§ 48-4-112. Extinguishment of Prior Encumbrances, Liens, and Claims for Real Property Taxes Owed; Remission to Tax Collector; Tax Collector Authorized to Assign, Transfer, or Sell to Land Bank Certain Ad Valorem Tax Executions; Content of Notice of T...