O.C.G.A.

O.C.G.A. § 10-7-49 (2019)

Payment pending action; judgment for plaintiff for use of surety

✓ 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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If the surety pays off the debt pending the action against the principal and himself or against the principal alone, such payment shall operate only to cause the action to proceed for the benefit of such surety; and the judgment may be entered in the name of the original plaintiff for the use of such surety.

History

Ga. L. 1857, p. 111, § 1; Code 1863, § 2147; Code 1868, § 2142; Code 1873,

§ 2169; Code 1882, § 2169; Civil Code 1895, § 2988; Civil Code 1910, § 3560; Code 1933, § 103-310.

Annotations

JUDICIAL DECISIONS Independent remedies provided surety. - Former Civil Code 1910, §§ 3551, 3553, 3559 and 3560 were remedies to which the surety can resort for the surety’s protection, independently

of any voluntary action by the creditor. McMillan v. Heard Nat’l Bank, 19 Ga. App. 148, 91 S.E. 235, 1917 Ga. App. LEXIS 36 (1917).

RESEARCH REFERENCES ALR. Right of building contractor’s surety who completes contract to money earned

by contractor but unpaid before default, 45 A.L.R. 379; 134 A.L.R. 738; 164 A.L.R. 613.