--- title: O.C.G.A. § 29-3-2. Release of debtor when collection doubtful. collection: code id: 29-3-2 cite_as: O.C.G.A. § 29-3-2 (2025) canonical_url: https://georgiacommons.org/code/29-3-2 md_url: https://georgiacommons.org/code/29-3-2.md text_url: https://georgiacommons.org/code/29-3-2/text source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t27-t30-(v22)-pdf.pdf?sfvrsn=3d92bb7f_0#page=154 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/29-3.md previous: https://georgiacommons.org/code/29-3-1.md next: https://georgiacommons.org/code/29-3-3.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: GUARDIAN AND WARD / CONSERVATORS OF MINORS / PROPERTY --- # O.C.G.A. § 29-3-2. Release of debtor when collection doubtful. 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. ## 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.