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2018 Georgia Code 29-3-2 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 29-3-2 Case Law from Google Scholar Amendments to OCGA 29-3-2

TITLE 29 GUARDIAN AND WARD

Section 3. Conservators of Minors, 29-3-1 through 29-3-120.

ARTICLE 1 PROPERTY

29-3-2. Release of debtor when collection doubtful.

The natural guardian of a minor who has no conservator may release the debtor and compromise a debt when the collection of the debt is doubtful without becoming the conservator of the minor and without such action being approved by the court if the amount of the debt is $15,000.00 or less.

(Code 1981, §29-3-2, enacted by Ga. L. 2004, p. 161, § 1.)

JUDICIAL DECISIONS

Editor's notes.

- In light of the similarity of the statutory provisions, decisions under former Code 1882, § 2539, and former Code 1933, § 49-221 are included in the annotations for this Code section.

"Debt" means that fixed and specific amount is owing.

- Distinguishing characteristic of word debt is that fixed and specific amount is owing and no future valuation is required to settle it. Campbell v. Atlanta Coach Co., 58 Ga. App. 824, 200 S.E. 203 (1938) (decided under former Code 1933, § 49-221).

Cited in Georgia Power Co. v. Davis, 43 Ga. App. 791, 160 S.E. 690 (1931); Macris v. Laughlin Insulation Co., 124 Ga. App. 573, 185 S.E.2d 413 (1971); Hay v. Norfolk S. Ry., 879 F. Supp. 1192 (N.D. Ga. 1994).

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