O.C.G.A.

O.C.G.A. § 44-14-7 (2019)

Selling or disposing of motor vehicle securing bill of sale with intent to defraud; penalty

✓ 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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After having given a bill of sale to secure debt or other security instrument to any motor vehicle, it shall be unlawful for any person to sell or otherwise dispose of the motor vehicle or to cause the motor vehicle to be moved outside of the state before the payment of the debt secured by the security instrument if the sale, disposition, or removal is without the consent of and with the intent to defraud the holder of the security instrument and if loss is thereby sustained by the holder of the security instrument. Any person who is convicted of violating this Code section shall be imprisoned for not less than one year nor more than three years.

History

Code 1933, § 67-9901.1, enacted by Ga. L. 1976, p. 637, § 1.

Annotations

Cross references. Security interests in and liens on motor vehicles generally, § 40-3-50 et seq. Editor’s notes. Ga. L. 1962, p. 156, § 1, provides that

any provision of Code Sections 44-14-1, 44-14-2, 44-14-4, 44-14-7 through 44-1412, 44-14-100, and 44-14-160, and Arts. 2 and 3, Ch. 14, of this title which conflicts with T. 11 shall yield to and be superseded by T. 11. See Code Section 11-10-103.

RESEARCH REFERENCES Am. Jur. 2d. 37 Am. Jur. 2d, Fraudulent Conveyances, § 83.

C.J.S. 37 C.J.S., Fraudulent Conveyances, § 50.