---
title: O.C.G.A. § 11-9-209. Duties of secured party if account debtor has been notified of assignment.
collection: code
id: 11-9-209
cite_as: O.C.G.A. § 11-9-209 (2025)
canonical_url: https://georgiacommons.org/code/11-9-209
md_url: https://georgiacommons.org/code/11-9-209.md
text_url: https://georgiacommons.org/code/11-9-209/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-pdf.pdf?sfvrsn=df925151_0#page=99
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: COMMERCIAL CODE / SECURED TRANSACTIONS / EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT / Rights and Duties
---

# O.C.G.A. § 11-9-209. Duties of secured party if account debtor has been notified of assignment.

(a) Applicability of Code section. Except as otherwise provided in subsection (c) of this Code section, this Code section applies if:

(1) There is no outstanding secured obligation; and

(2) The secured party is not committed to make advances, incur obligations, or otherwise give value.

(b) Duties of secured party after receiving demand from debtor. Within ten days after receiving a signed demand by the debtor, a secured party shall send to an account debtor that has received notification under subsection (a) of Code Section 11-9-406 or subsection (b) of Code Section 11-12-106 of an assignment to the secured party as assignee a signed record that releases the account debtor from any further obligation to the secured party.

(c) Inapplicability to sales. This Code section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.

## History

Code 1981, § 11-9-209, enacted by Ga. L. 2001, p. 362, § 1; Ga. L. 2024, p. 817, § 5-50/HB 1240, effective July 1, 2024.

## Editor's Notes

Ga. L. 2024, p. 817, § 1-1/HB 1240, not codified by the General Assembly, provides: “This Act shall be known and may be cited as the ‘Uniform Commercial Code Modernization Act of 2024.’”

Ga. L. 2024, p. 817, § 1-2/HB 1240, not codified by the General Assembly, provides: “Nothing in this Act shall be construed to support, endorse, create, or implement a national digital currency.”

## Amendments

The 2024 amendment, effective July 1, 2024, in the middle of subsection (b), substituted “a signed” for “an authenticated”, inserted “under subsection (a) of Code Section 11-9-406 or subsection (b) of Code Section 11-12-106”, and substituted “a signed” for “under subsection (a) of Code Section 11-9-406 an authenticated”.