Each county or municipality in this state is authorized to accept the title to property subject to a contract for lease purchase or installment purchase and is authorized to transfer title back to the vendor in the name of the county or municipality in the event that the contract is not fully consummated.
(Code 1981, §36-60-15, enacted by Ga. L. 1990, p. 254, § 1.)
Code Commission notes.- Two 1990 Acts added a new Code Section 36-60-14. Pursuant to Code Section 28-9-5, the Code section enacted by Ga. L. 1990, p. 8 has retained the Code Section 36-60-14 designation and the Code section enacted by Ga. L. 1990, p. 254 has been redesignated as Code Section 36-60-15.