2010 Georgia Code 18-2-44 Case Law
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One Click Case Law for § 18-2-44
O.C.G.A. § 18-2-43 <-- --> O.C.G.A. §18-2-45



2010 Georgia Code

TITLE 18 - DEBTOR AND CREDITOR

CHAPTER 2 - DEBTOR AND CREDITOR RELATIONS
ARTICLE 3 - PREFERENCES AND ASSIGNMENTS FOR BENEFIT OF CREDITORS
§ 18-2-44 - Deeds of assignment for benefit of creditors -- Property to be conveyed generally; description of property; attachment of list of creditors of assignor

O.C.G.A. 18-2-44 (2010)
18-2-44. Deeds of assignment for benefit of creditors -- Property to be conveyed generally; description of property; attachment of list of creditors of assignor


(a) All assignments referred to in Code Section 18-2-42 shall convey all of the property of every sort which is claimed or owned by the assignor at the time of the execution thereof. Such assignments shall:

(1) Identify any lands owned or any interest in lands;

(2) Identify goods, wares, and merchandise by general words of description, indicating the location, kind, and quality thereof, with a statement as accurate as possible, containing the purchase price and selling price of the lot as a whole; and

(3) Describe in general terms any shares of capital stock, livestock, or personal property which are not connected with any mercantile or manufacturing business.

(b) The assignor shall attach a list of all creditors with their post office addresses and amounts due to each.

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

graham@syfert.com