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2018 Georgia Code 44-14-126 | Car Wreck Lawyer

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

O.C.G.A. 44-14-126 Case Law from Google Scholar Amendments to OCGA 44-14-126

TITLE 44 PROPERTY

Section 14. Mortgages, Conveyances to Secure Debt, and Liens, 44-14-1 through 44-14-613.

ARTICLE 5 TRUST DEEDS

44-14-126. Debt due in installments; treatment of surplus.

If the deed is given to secure debts due by installments and is enforced before any one of the installments falls due and there is a surplus of funds as stated in Code Section 44-14-125, the court may retain the funds or order them to be invested to meet the unpaid installments.

(Ga. L. 1896, p. 76, § 7; Civil Code 1910, § 3317; Code 1933, § 67-1207.)

JUDICIAL DECISIONS

Cited in Strickland v. Lowry Nat'l Bank, 140 Ga. 653, 79 S.E. 539 (1913); McCurry v. Pitner, 159 Ga. 807, 126 S.E. 781 (1925); Miller Serv., Inc. v. Miller, 77 Ga. App. 413, 48 S.E.2d 761 (1948).

RESEARCH REFERENCES

Am. Jur. 2d.

- 55 Am. Jur. 2d, Mortgages, § 790.

C.J.S.

- 59A C.J.S., Mortgages, § 962.

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