Official Code of Georgia Annotated
Title 48. REVENUE AND TAXATION · Chapter 6. TAXATION OF INTANGIBLES · Article 3. INTANGIBLE RECORDING TAX
48-6-66. Showing correct amount and due date on instruments conveying, encumbering, or creating a lien upon real estate.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Every instrument conveying, encumbering, or creating a lien upon real estate shall set forth in words and figures the correct amount of the note secured by the instrument and the date upon which the note falls due. When the note falls due within 62 months from the date of the note or from the date of any instrument executed to secure the note, a statement of that fact in lieu of specifying the date upon which the note falls due may be made in the security instrument and shall constitute sufficient compliance with this Code section. The inclusion in the instrument of a provision that the instrument secures all other indebtedness then existing or thereafter incurred shall not require the setting forth in the instrument of existing indebtedness for loans not made on the security of the instrument.
History
Ga. L. 1953, Nov.-Dec. Sess., p. 379, § 6; Ga. L. 1955, p. 293, § 1; Code 1933, § 91A-3204, enacted by Ga. L. 1978, p. 309, § 2; Ga. L. 1990, p. 1843, § 4; Ga. L. 2025, p. 256, § 2/HB 586, effective July 1, 2025.
Amendments
The 2025 amendment, effective July 1, 2025, substituted “within 62 months” for “within three years” in the second sentence.
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 t48-ch1-6-(v36)-pdf.pdf, Volume V36, 2024 edition, 2025 supplement, page 207; merge action: replaced; file SHA-256 b339db83460c.