O.C.G.A.

O.C.G.A. § 44-14-404 (2019)

Factor’s lien; extent; attachment to proceeds

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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A factor’s lien extends to all balances on general account and attaches to the proceeds of the sale of goods consigned as well as to the goods themselves.

History

Orig. Code 1863, § 2090; Code 1868, § 2085; Code 1873, § 2111; Code 1882,

§ 2111; Civil Code 1895, § 2929; Civil Code 1910, § 3502; Code 1933, § 12-705.

Annotations

RESEARCH REFERENCES ALR. Factor’s right to setoff against proceeds of consignment, 52 A.L.R. 811.

Necessity and sufficiency of notice or statement prescribed by factor’s lien law, 96 A.L.R.2d 727.