--- title: O.C.G.A. § 18-2-53. Duties of assignee generally; payment of preferred debts after filing. collection: code id: 18-2-53 cite_as: O.C.G.A. § 18-2-53 (2025) canonical_url: https://georgiacommons.org/code/18-2-53 md_url: https://georgiacommons.org/code/18-2-53.md text_url: https://georgiacommons.org/code/18-2-53/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=45 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/18-2-52.md next: https://georgiacommons.org/code/18-2-54.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 / PREFERENCES AND ASSIGNMENTS FOR BENEFIT OF CREDITORS --- # O.C.G.A. § 18-2-53. Duties of assignee generally; payment of preferred debts after filing. The assignee shall proceed to carry out the duties imposed upon him by the assignment, but he shall not pay any preferred debt until after 60 days from the filing of the assignment in the clerk of the court’s office in the county in which the assignment was filed. ## History Ga. L. 1894, p. 90, § 11; Civil Code 1895, § 2708; Civil Code 1910, § 3241; Code 1933, § 28-312.