---
title: O.C.G.A. § 18-2-81. Series organization and determinations.
collection: code
id: 18-2-81
cite_as: O.C.G.A. § 18-2-81 (2025)
canonical_url: https://georgiacommons.org/code/18-2-81
md_url: https://georgiacommons.org/code/18-2-81.md
text_url: https://georgiacommons.org/code/18-2-81/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=112
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/18-2-80.md
next: https://georgiacommons.org/code/18-2-82.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 / UNIFORM VOIDABLE TRANSACTIONS ACT
---

# O.C.G.A. § 18-2-81. Series organization and determinations.

(a) As used in this Code section, the term:

(1) “Protected series” means an arrangement, however denominated, created by a series organization that, pursuant to the law under which the series organization is organized, has the characteristics set forth in paragraph (2) of this subsection.

(2) “Series organization” means an organization that, pursuant to the law under which it is organized, has the following characteristics:

(A) The organic record of the organization provides for creation by the organization of one or more protected series, however denominated, with respect to specified property of the organization, and for records to be maintained for each protected series that identify the property of or associated with the protected series;

(B) Debt incurred or existing with respect to the activities of, or property of or associated with, a particular protected series is enforceable against the property of or associated with the protected series only, and not against the property of or associated with the organization or other protected series of the organization; or

(C) Debt incurred or existing with respect to the activities or property of the organization is enforceable against the property of the organization only, and not against the property of or associated with a protected series of the organization.

(b) A series organization and each protected series of the organization is a separate person for purposes of this article, even if for other purposes a protected series is not a person separate from the organization or other protected series of the organization.

## History

Code 1981, § 18-2-81, enacted by Ga. L. 2015, p. 996, § 4A-1/SB 65.