O.C.G.A.
O.C.G.A. § 11-9-339 (2019)
Priority subject to subordination
✓ 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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This article does not preclude subordination by agreement by a person entitled to priority.
History
Code 1981, § 11-9-339, enacted by Ga. L. 2001, p. 362, § 1.
Annotations
Cross references. Subordination of obligations, § 11-1310.
RESEARCH REFERENCES Am. Jur. 2d. 68A Am. Jur. 2d, Secured Transactions, §§ 160 et seq., 792-795. C.J.S. 72 C.J.S., Pledges, § 23.
U.L.A. Uniform Commercial Code (U.L.A.) § 9339.
Subpart 4 Rights of Bank