---
title: O.C.G.A. § 18-2-24. Effect of giving debtor permission to exercise control or use of property as security for any debt.
collection: code
id: 18-2-24
cite_as: O.C.G.A. § 18-2-24 (2025)
canonical_url: https://georgiacommons.org/code/18-2-24
md_url: https://georgiacommons.org/code/18-2-24.md
text_url: https://georgiacommons.org/code/18-2-24/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t18-t19-(v16)-2022-pdf.pdf?sfvrsn=b0848ebd_0#page=31
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/18-2.md
previous: https://georgiacommons.org/code/18-2-23.md
next: https://georgiacommons.org/code/18-2-25.md
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: DEBTOR AND CREDITOR / DEBTOR AND CREDITOR RELATIONS / ACTS VOID AS AGAINST CREDITORS
---

# O.C.G.A. § 18-2-24. Effect of giving debtor permission to exercise control or use of property as security for any debt.

Where any property is conveyed, assigned, or mortgaged as security for any debt and permission is given to the debtor to exercise dominion over or to use the property or the proceeds thereof or any part thereof, the giving of such permission shall not cause the conveyance, assignment, or mortgage to be deemed fraudulent or to create a presumption of fraud as to creditors.

## History

Ga. L. 1952, p. 154, § 1.