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2018 Georgia Code 18-2-51 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)

O.C.G.A. 18-2-51 Case Law from Google Scholar Amendments to OCGA 18-2-51

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

18-2-51. Foreign assignments to conform with Georgia law.

No property in this state shall pass under any assignment made by corporations, persons, or firms out of this state unless such foreign assignment shall conform to the law of assignments in this state.

(Ga. L. 1894, p. 90, § 9; Civil Code 1895, § 2706; Civil Code 1910, § 3239; Code 1933, § 28-310.)

JUDICIAL DECISIONS

Later change in law.

- Assignment contrary to law at time it was made is void, although law was afterwards altered. Mason & Fant v. S. Stricker & Co., 37 Ga. 262 (1867).

Situs of debt follows creditor, and law of creditor's domicile prevails where creditor and debtor are residents of different states. Birdseye v. Underhill, 82 Ga. 142, 7 S.E. 863, 14 Am. St. R. 142, 2 L.R.A. 99 (1888).

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

RESEARCH REFERENCES

C.J.S.

- 21 C.J.S., Creditor and Debtor, § 42.

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