Official Code of Georgia Annotated

Title 29. GUARDIAN AND WARD · Chapter 3. CONSERVATORS OF MINORS · Article 1. PROPERTY

29-3-2. Release of debtor when collection doubtful.

Active

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

The natural guardian of a minor who has no conservator may release the debtor and compromise a debt when the collection of the debt is doubtful without becoming the conservator of the minor and without such action being approved by the court if the amount of the debt is not more than $25,000.00.

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

Code 1981, § 29-3-2, enacted by Ga. L. 2004, p. 161, § 1; Ga. L. 2022, p. 207, § 2/HB 620.

Amendments

The 2022 amendment, effective May 2, 2022, substituted “not more than $25,000.00” for “$15,000.00 or less” at the end of this Code section.

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 t27-t30-(v22)-pdf.pdf, Volume V22, 2018 edition, 2025 supplement, page 154; merge action: replaced; file SHA-256 b54071b79715.

Ask about this section

The answer is drawn from this section and, when they fit, the other sections of its chapter. It quotes the text and names the section for each claim. Not legal advice.