Official Code of Georgia Annotated

Title 18. DEBTOR AND CREDITOR · Chapter 2. DEBTOR AND CREDITOR RELATIONS · Article 1. GENERAL PROVISIONS

18-2-2. Compulsory election of remedy least likely to jeopardize rights of other creditors.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

As among themselves, creditors shall so prosecute their own rights as not to jeopardize unnecessarily the rights of others; hence, a creditor having a lien on two funds of the debtor, equally accessible to him, will be compelled to pursue the one on which other creditors have no lien.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Orig. Code 1863, § 1951; Code 1868, § 1939; Code 1873, § 1949; Code 1882, § 1949; Civil Code 1895, § 2691; Civil Code 1910, § 3220; Code 1933, § 28-106.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t18-t19-(v16)-2022-pdf.pdf, Volume V16, 2022 edition, page 22; merge action: carried; file SHA-256 eddc877da9f2.