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2018 Georgia Code 44-14-143 | Car Wreck Lawyer

TITLE 44 PROPERTY

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

ARTICLE 6 EXPIRATION AND EXTENSION OF INSTRUMENTS AFFECTING PERSONALTY

44-14-143. Limitations on instruments filed before March 31, 1937.

The notice given by the filing of any mortgage, bill of sale to secure debt, retention of title contract, or other security instrument creating a lien on, retaining title to, or conveying an interest in personal property which is filed or recorded prior to March 31, 1937, shall not extend more than seven years from March 31, 1937, unless within seven years from March 31, 1937, an affidavit is filed, the instrument reindexed, and the marginal reference made on the record thereof as provided in Code Section 44-14-142.

(Ga. L. 1937, p. 760, § 4.)

JUDICIAL DECISIONS

Cited in Charles S. Martin Distrib. Co. v. First State Bank, 114 Ga. App. 693, 152 S.E.2d 599 (1966).

RESEARCH REFERENCES

Am. Jur. 2d.

- 69 Am. Jur. 2d, Secured Transactions, §§ 405, 407.

C.J.S.

- 14 C.J.S., Chattel Mortgages, § 169.

ALR.

- Negotiability of title-retaining note, 28 A.L.R. 699; 44 A.L.R.2d 71.

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