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O.C.G.A. § 44-14-404 — Factor's lien; extent; attachment to proceeds | Georgia Code

O.C.G.A. § 44-14-404 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 44 PROPERTY

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

ARTICLE 8 LIENS

44-14-404. Factor's lien; extent; attachment to proceeds.

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.

(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.)

JUDICIAL DECISIONS

Cited in Layton v. Central of Ga. Ry., 40 Ga. App. 330, 149 S.E. 431 (1929).

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.

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This Georgia Code resource is curated by this site's author, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.