Official Code of Georgia Annotated

Title 18. DEBTOR AND CREDITOR · Chapter 2. DEBTOR AND CREDITOR RELATIONS · Article 3. PREFERENCES AND ASSIGNMENTS FOR BENEFIT OF CREDITORS

18-2-44. Property to be conveyed generally; description of property; attachment of list of creditors of assignor.

Active

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

(a)
All assignments referred to in Code Section 18-2-42 shall convey all of the property of every sort which is claimed or owned by the assignor at the time of the execution thereof. Such assignments shall:#
1. (1)
  Identify any lands owned or any interest in lands;#
2. (2)
  Identify goods, wares, and merchandise by general words of description, indicating the location, kind, and quality thereof, with a statement as accurate as possible, containing the purchase price and selling price of the lot as a whole; and#
3. (3)
  Describe in general terms any shares of capital stock, livestock, or personal property which are not connected with any mercantile or manufacturing business.#
(b)
The assignor shall attach a list of all creditors with their post office addresses and amounts due to each.#

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

Ga. L. 1894, p. 90, § 4; Civil Code 1895, § 2701; Civil Code 1910, § 3234; Code 1933, § 28-305.

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, pages 40 to 41; merge action: carried; file SHA-256 eddc877da9f2.

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