If no heirs appear, a court proceeding begins that can end with the assets being distributed to a county education agency.

• Section 53-2-51 of the Official Code of Georgia Annotated (O.C.G.A), within the article dedicated to escheat or reversion of property to the State...
• According to section 53-2-51(b)(1) of the Georgia Code, that date must be set at least 60 days after the summons is issued
• This procedure is known as escheat, a legal term that section 53-2-50 of the Georgia Code defines as the reversion of property to the State when no heirs appear to claim it and there is no other applicable provision by...
• In the case regulated by section 53-2-51, the rule specifically states that the assets are distributed to the county education board