O.C.G.A.

O.C.G.A. § 11-10-102 (2019)

Provision for transition

✓ 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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Transactions validly entered into before the effective date specified in Code Section 11-10-101 and the rights, duties, and interests flowing from them remain valid thereafter and may be terminated, completed, consummated, or enforced as required or permitted by any statute or other law amended or repealed by this title as though such repeal or amendment had not occurred.

History

Code 1933, § 109A-10 - 102, enacted by Ga. L. 1962, p. 156, § 1.

Annotations

JUDICIAL DECISIONS Law controlling contract rights. - Rights of parties under contract are controlled by law applicable at time of contract. Peachtree News Co. v. Macmillan Co., 112 Ga. App. 556, 145 S.E.2d 666, 1965 Ga. App. LEXIS 769 (1965). Applicability to pre-Code indebtedness. - The Uniform Commercial Code, which became law in Georgia on January

1, 1964, is applicable to pre-Code indebtedness secured by bill of sale to secure debt where security agreement was substituted and financing statement was filed after Commercial Code went into effect. United States v. Big Z Whse., 311 F. Supp. 283, 1970 U.S. Dist. LEXIS 12207 (S.D. Ga. 1970).

RESEARCH REFERENCES Am. Jur. 2d. 15A Am. Jur. 2d, Commercial Code, § 9. U.L.A. Uniform Commercial Code (U.L.A.) § 10-102.