---
title: O.C.G.A. § 44-14-45. Forthcoming bond by purchaser of mortgaged personalty; affidavit of mortgagee.
collection: code
id: 44-14-45
cite_as: O.C.G.A. § 44-14-45 (2025)
canonical_url: https://georgiacommons.org/code/44-14-45
md_url: https://georgiacommons.org/code/44-14-45.md
text_url: https://georgiacommons.org/code/44-14-45/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch8-15-(v32)-2022-pdf.pdf?sfvrsn=9e9e06de_0#page=485
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/44-14.md
previous: https://georgiacommons.org/code/44-14-44.md
next: https://georgiacommons.org/code/44-14-46.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: PROPERTY / MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENS / MORTGAGES
---

# O.C.G.A. § 44-14-45. Forthcoming bond by purchaser of mortgaged personalty; affidavit of mortgagee.

Purchasers at public sales of personal property subject to the lien of a mortgage shall give bond and security in double the value of the property to the officer making the sale and conditioned not to remove the property from the state and for its forthcoming answer to the lien; provided, however, that prior to the sale the mortgagee or his or her agent shall file with the officer an affidavit stating the amount due on the mortgage and that he or she expects the loss of the property unless the bond is taken. On failure to give the bond, the property shall be resold at the risk of the purchaser.

## History

Laws 1830, Cobb’s 1851 Digest, p. 513; Code 1863, § 1970; Code 1868, § 1958; Code 1873, § 1968; Code 1882, § 1968; Civil Code 1895, § 2742; Civil Code 1910, § 3275; Code 1933, § 67-119; Ga. L. 2002, p. 415, § 44.