---
title: O.C.G.A. § 10-1-9. Transfer of retail installment contracts or revolving accounts.
collection: code
id: 10-1-9
cite_as: O.C.G.A. § 10-1-9 (2025)
canonical_url: https://georgiacommons.org/code/10-1-9
md_url: https://georgiacommons.org/code/10-1-9.md
text_url: https://georgiacommons.org/code/10-1-9/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=45
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/10-1.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCE AND TRADE / SELLING AND OTHER TRADE PRACTICES / RETAIL INSTALLMENT AND HOME SOLICITATION SALES
---

# O.C.G.A. § 10-1-9. Transfer of retail installment contracts or revolving accounts.

(a) Any retail seller may assign, pledge, hypothecate, or otherwise transfer a retail installment contract or revolving account to any person, firm, or corporation on such terms and conditions and for such price as may be mutually agreed upon. Unless the buyer has notice of the assignment, payment thereunder made by the buyer to the last known owner of the contract or account shall be binding on all subsequent owners thereof.

(b) In no event will any such assignment bar any right of action against the seller arising as a result of this article, nor will any such assignment bar any defense against the sales finance company or other assignee arising as a result of subsection (b) of Code Section 10-1-15.

## History

Ga. L. 1967, p. 659, § 8.