---
title: O.C.G.A. § 10-6-34. Effect of death or disability on pledge of stock with power of attorney.
collection: code
id: 10-6-34
cite_as: O.C.G.A. § 10-6-34 (2025)
canonical_url: https://georgiacommons.org/code/10-6-34
md_url: https://georgiacommons.org/code/10-6-34.md
text_url: https://georgiacommons.org/code/10-6-34/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=953
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.
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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 / AGENCY / RELATIONS BETWEEN PRINCIPAL AND AGENT
---

# O.C.G.A. § 10-6-34. Effect of death or disability on pledge of stock with power of attorney.

Every creditor or other person advancing money upon the pledge of a certificate of stock or other scrip representing an ownership or interest in corporations in Georgia shall have such an irrevocable interest in such certificate of stock or other scrip as not to be affected by the death, insanity, or legal disability thereafter of the person in whose name such stock or other scrip stands upon the books of any corporation in Georgia; but such pledgee or holder of such stock or scrip assigned in blank, coupled with the power of attorney, shall have the same right after the death, insanity, or legal disability of the person in whose name the stock stands upon the books of the corporation as before the death, insanity, or legal disability of such person.

## History

Ga. L. 1894, p. 44, § 1; Civil Code 1895, § 3003; Civil Code 1910, § 3575; Code 1933, § 4-214.

## Law Reviews

For note discussing revocation of proxy upon maker’s incapacity, see 17 Ga. St. B. J. 88 (1980).