---
title: O.C.G.A. § 44-14-48. Foreclosure by one of several mortgagees; control and distribution of proceeds by court.
collection: code
id: 44-14-48
cite_as: O.C.G.A. § 44-14-48 (2025)
canonical_url: https://georgiacommons.org/code/44-14-48
md_url: https://georgiacommons.org/code/44-14-48.md
text_url: https://georgiacommons.org/code/44-14-48/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=488
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/44-14-47.md
next: https://georgiacommons.org/code/44-14-49.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. § 44-14-48. Foreclosure by one of several mortgagees; control and distribution of proceeds by court.

If there are several mortgages of equal rank or if separate amounts due to distinct persons are embraced in the same mortgage and one mortgagee forecloses, the court will control the proceeds of the sale for distribution to the several mortgagees according to their claims.

## History

Orig. Code 1863, § 1968; Code 1868, § 1956; Code 1873, § 1966; Code 1882, § 1966; Civil Code 1895, § 2740; Civil Code 1910, § 3273; Code 1933, § 67-122.

## History of Section.

This Code section is derived in part from the decision in Bass v. West Point Whsle. Grocery Co., 5 Ga. App. 746, 62 S.E. 1004 (1908).