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2018 Georgia Code 18-2-50 | Car Wreck Lawyer

TITLE 18 DEBTOR AND CREDITOR

Section 2. Debtor and Creditor Relations, 18-2-1 through 18-2-85.

ARTICLE 3 PREFERENCES AND ASSIGNMENTS FOR BENEFIT OF CREDITORS

18-2-50. Notification of creditors of filing of assignment; notification of actions attacking assignment; sufficient notice.

Within 30 days after filing the assignment, the assignee shall notify each creditor that the same has been filed. Within 30 days after the date the assignee is served with the complaint attacking the assignment, he shall give notice of the filing of the complaint to each creditor named. Depositing a letter in the post office, stamped and properly addressed, shall be sufficient notice under this Code section.

(Ga. L. 1894, p. 90, § 17; Civil Code 1895, § 2714; Civil Code 1910, § 3247; Code 1933, § 28-318.)

JUDICIAL DECISIONS

Cited in Burkhalter v. Glennville Bank, 184 Ga. 147, 190 S.E. 644 (1937).

RESEARCH REFERENCES

Am. Jur. 2d.

- 6 Am. Jur. 2d, Assignments for Benefit of Creditors, § 117.

C.J.S.

- 21 C.J.S., Creditor and Debtor, § 5 et seq.

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