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

18-2-55. Nature of actions to set aside assignments generally; priorities and payment to creditors on judgments rendered after filing of complaint to set aside assignment.

Active

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

No assignment shall be set aside except in a direct action filed for that purpose; and no creditor shall obtain any priority or preference of payment out of the assets assigned on any judgment rendered after the filing of a complaint to set aside the assignment if the assignment is set aside and decreed to be void.

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.

Ga. L. 1894, p. 90, § 13; Civil Code 1895, § 2710; Civil Code 1910, § 3243; Code 1933, § 28-314.

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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, pages 46 to 47; merge action: carried; file SHA-256 eddc877da9f2.