O.C.G.A.
O.C.G.A.

O.C.G.A. § 10-7-27 (2019)

Provisions of Uniform Commercial Code to control

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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Code Sections 10-7-20 through 10-7-26 shall be superseded to the extent of any conflict by the provisions of Article 3 of Title 11, the “Uniform Commercial Code - Negotiable Instruments,” relating to the discharge of any party to a negotiable instrument.

History

Ga. L. 1997, p. 143, § 10.

Annotations

Cross references. Discharge of party to commercial paper, § 11-3-601 et seq.

JUDICIAL DECISIONS Current law on discharge of parties to instruments. - Law governing discharge of sureties and other parties on instruments is currently governed by the Uniform Commercial Code provisions cited in Ga. L. 1962, pp. 156, 276 (see now O.C.G.A. § 11-3-601). Christian v. Atlanta Army Depot Fed. Credit Union, 151 Ga. App. 403, 260 S.E.2d 533, 1979 Ga. App. LEXIS 2547 (1979). Security for negotiable instruments. - Some decisions of the Court of Appeals have applied the law to contracts of surety or guaranty securing obligations evidenced by instruments which were almost certainly negotiable instruments

without reference to the Uniform Commercial Code. Sewell v. Akins, 147 Ga. App. 454, 249 S.E.2d 274, 1978 Ga. App. LEXIS 2720 (1978). Construction with UCC. - Commercial paper chapter of the Uniform Commercial Code controls in cases based on negotiable instruments. The law providing for the discharge of a surety or guarantor of a simple contract for the payment of money applies equally to a surety or guarantor of negotiable instruments. Sewell v. Akins, 147 Ga. App. 454, 249 S.E.2d 274, 1978 Ga. App. LEXIS 2720 (1978).

Notes of Decisions
Cited in 2 cases, 1992–2020 · leading case: Gunter v. True, 416 S.E.2d 768 (Ga. Ct. App. 1992).
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Gunter v. True, 416 S.E.2d 768 (Ga. Ct. App. 1992). · cites it 6× “However, OCGA § 10-7-27 specifically provides that “Code Sections 10-7-20 through 10-7-26 shall be superseded to the extent of any conflict by the provisions of Article 3 of Title 11, the ‘Uniform Commercial Code — Commercial Paper,’ relating to the discharge of any party to a…”
Robert Pollard, Jr. v. Queensborough Nat'l Bank & Trust Co. (Ga. Ct. App. 2020). · cites it 2× “”11 Few of our cases apply this second exception. The trial court and the parties all cite to our decision in Marret v.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.