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2018 Georgia Code 18-2-53 | 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

18-2-53. Duties of assignee generally; payment of preferred debts after filing.

The assignee shall proceed to carry out the duties imposed upon him by the assignment, but he shall not pay any preferred debt until after 60 days from the filing of the assignment in the clerk of the court's office in the county in which the assignment was filed.

(Ga. L. 1894, p. 90, § 11; Civil Code 1895, § 2708; Civil Code 1910, § 3241; Code 1933, § 28-312.)

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, § 90 et seq.

C.J.S.

- 21 C.J.S., Creditor and Debtor, §§ 14, 50 et seq.

ALR.

- Preference in event of debtor's insolvency in respect of funds designated or set apart by him for payment of specified obligations, 32 A.L.R. 950.

Cases Citing Georgia Code 18-2-53 From Courtlistener.com

Total Results: 4

Binford v. Western Electric Co.

Court: Supreme Court of Georgia | Date Filed: 1963-10-10

Citation: 133 S.E.2d 361, 219 Ga. 404, 1963 Ga. LEXIS 466

Snippet: taken here. See Tibbs v. City of Atlanta, 125 Ga. 18 (2) (53 SE 811); Beavers v. Armistead, 156 Ga. 833 (5)

City of Valdosta v. Singleton

Court: Supreme Court of Georgia | Date Filed: 1944-01-12

Citation: 28 S.E.2d 759, 197 Ga. 194

Snippet: Ga. 484 (4); Tibbs v. City of Atlanta,125 Ga. 18 (2) (53 S.E. 811); Lyens v. State, 133 Ga. 587 (4) (66

Bryant v. Mitchell

Court: Supreme Court of Georgia | Date Filed: 1942-12-02

Citation: 23 S.E.2d 410, 195 Ga. 135, 1942 Ga. LEXIS 713

Snippet: 333 (91 S.E. 37); Tibbs v. Atlanta, 125 Ga. 18 (2) (53 S.E. 811); Augusta Southern R. Co. v. McDade

Beavers v. Armistead

Court: Supreme Court of Georgia | Date Filed: 1923-11-24

Citation: 156 Ga. 833, 120 S.E. 526, 1923 Ga. LEXIS 341

Snippet: proceeding (Tibbs v. City of Atlanta, 125 Ga. 18 (2), 53 S. E. 811), the petition does not make a case