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

18-2-46. Annexation of affidavit to deed of assignment; contents of affidavit.

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

At the time of signing the deed of assignment provided for in Code Section 18-2-43, the person or firm making an assignment or the officer acting for the corporation making an assignment shall make an affidavit which shall be annexed to such assignment, and which affidavit shall state that:
(1)
The assignment conveys all property held, claimed, or owned by the assignor at the time of making the assignment;#
(2)
All recitals and all estimates of totals and values therein and all list creditors are true to the best of his knowledge and belief;#
(3)
The debts set out as due to the preferred creditors are bona fide just, due, and unpaid; and#
(4)
The assignment is not made for the purpose of hindering, delaying, or defrauding creditors.#

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, § 6; Civil Code 1895, § 2703; Civil Code 1910, § 3236; Code 1933, § 28-307.

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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 42; merge action: carried; file SHA-256 eddc877da9f2.

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