Title 40, Chapter 11, Section 8
( 40-11-8)
The clerk of the court shall retain the remaining balance of the proceeds of a sale under Code Section 40-11-6, after satisfaction of liens, security interests, and debts, for a period of 12 months; and, if no claim has been filed against such proceeds by the owner of the abandoned motor vehicle or any interested party, then he or she shall pay such remaining balance as follows: (1) If the abandoned motor vehicle came into the possession of the
person creating the lien other than at the request of a peace
officer, the proceeds of the sale shall be divided equally and
paid into the general fund of the county in which the sale was
made and into the general fund of the municipality, if any, in
which the sale was made; (2) If the abandoned motor vehicle came into the possession of the
person creating the lien at the request of a police officer of a
municipality, the proceeds of the sale shall be paid into the
general fund of the municipality; (3) If the abandoned motor vehicle came into the possession of the
person creating the lien at the request of a county sheriff,
deputy sheriff, or county police officer, the proceeds of the sale
shall be paid into the general fund of the county in which the
sale was made; (4) If the abandoned motor vehicle came into the possession of the
person creating the lien at the request of a member of the Georgia
State Patrol or other employee of the State of Georgia, the
proceeds of the sale shall be paid into the general fund of the
county in which the sale was made. |