Georgia Commons44-14-48. Foreclosure by one of several mortgagees; control and distribution of proceeds by court.
The only printed version. Current through: Including Acts of the 2025 Regular Session of the General Assembly.
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.