2010 Georgia Code 18-2-40 Case Law
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One Click Case Law for § 18-2-40
O.C.G.A. § 18-2-3 <-- --> O.C.G.A. §18-2-41



2010 Georgia Code

TITLE 18 - DEBTOR AND CREDITOR

CHAPTER 2 - DEBTOR AND CREDITOR RELATIONS
ARTICLE 3 - PREFERENCES AND ASSIGNMENTS FOR BENEFIT OF CREDITORS
§ 18-2-40 - Right of debtor to prefer creditors

O.C.G.A. 18-2-40 (2010)
18-2-40. Right of debtor to prefer creditors


A debtor may prefer one creditor over another; and to that end he may rightfully give a lien by mortgage or other legal means, sell in payment of the debt, or transfer choses in action as collateral security, where the surplus in such cases is not reserved for the debtor's own benefit.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com