Official Code of Georgia Annotated

Title 40. MOTOR VEHICLES AND TRAFFIC · Chapter 3. CERTIFICATES OF TITLE, SECURITY INTERESTS, AND LIENS · Article 3. SECURITY INTERESTS IN AND LIENS ON MOTOR VEHICLES

40-3-59. Certain security interests not affected.

Active

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

This chapter does not apply to or affect a security interest in a vehicle created by a manufacturer or dealer who holds the vehicle for sale. A buyer in the ordinary course of trade from the manufacturer or dealer takes free of such security interest.

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

Ga. L. 1961, p. 68, § 5; Ga. L. 1962, p. 79, § 3; Ga. L. 1990, p. 2048, § 3.

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 t40-ch1-5-(v28a)-2024-pdf.pdf, Volume V28A, 2024 edition, page 465; merge action: carried; file SHA-256 991cd8c9db96.