---
title: O.C.G.A. § 44-2-164. Assignment or negotiation of creditor’s certificate; effect of transfer of indebtedness; surrender and cancellation of certificate; order of cancellation; notation.
collection: code
id: 44-2-164
cite_as: O.C.G.A. § 44-2-164 (2025)
canonical_url: https://georgiacommons.org/code/44-2-164
md_url: https://georgiacommons.org/code/44-2-164.md
text_url: https://georgiacommons.org/code/44-2-164/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch1-7-(v31)-2010-pdf.pdf?sfvrsn=35dd922f_0#page=132
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.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: PROPERTY / RECORDATION AND REGISTRATION OF DEEDS AND OTHER INSTRUMENTS / LAND REGISTRATION / Conveyance, Transfer, and Descent
---

# O.C.G.A. § 44-2-164. Assignment or negotiation of creditor’s certificate; effect of transfer of indebtedness; surrender and cancellation of certificate; order of cancellation; notation.

The creditor’s certificate shall be assignable or negotiable to the same extent as the note or other evidence of indebtedness secured thereby may be, but assignments or transfers of the creditor’s certificate need not be noted on the title register. A transfer or assignment of the indebtedness shall operate to transfer the creditor’s certificate securing the same in like manner and to the same extent as is set forth in Code Section 10-3-1, relating to the case of transfer of indebtedness secured by mortgage, unless otherwise agreed between the parties. The creditor’s certificate may be surrendered and canceled at any time by the owner thereof. It shall be the creditor’s duty to surrender the certificate and give an order for cancellation of the same when the debt is paid. If he refuses, he may be compelled by the court to do so and in any proper case the judge may order a cancellation on the title register. Upon presentation of an order of cancellation with the surrendered creditor’s certificate or upon presentation of the judge’s order directing cancellation, the clerk shall enter a notation of the same in the register of titles and on the owner’s certificate of title.

## History

Ga. L. 1917, p. 108, § 33; Code 1933, § 60-504.