2010 Georgia Code 10-3-1 Case Law
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One Click Case Law for § 10-3-1
O.C.G.A. § 10-2-9 <-- --> O.C.G.A. §10-3-2



2010 Georgia Code

TITLE 10 - COMMERCE AND TRADE

CHAPTER 3 - NOTES AND OTHER EVIDENCES OF DEBT
§ 10-3-1 - Transfer of secured note carries security

O.C.G.A. 10-3-1 (2010)
10-3-1. Transfer of secured note carries security


The transfer of notes secured by a mortgage or otherwise conveys to the transferee the benefit of the security. If more than one note is secured and the mortgagee transfers some and retains others, the holder of the transferred notes has a preference over the mortgagee if the security is insufficient to pay all the notes.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com