O.C.G.A.
O.C.G.A.

O.C.G.A. § 44-14-81 (2019)

When power of sale barred

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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Powers of sale in the conveyances of real property to secure debt shall not be exercised after an action to foreclose the instrument is barred. A sale or conveyance under power in such instrument after an action to foreclose the instrument is barred shall be absolutely void and not merely voidable.

History

Ga. L. 1941, p. 487, § 3.

Annotations

Cross references. - Equitable principles pertaining to powers of sale, § 23-2-114 et seq.

JUDICIAL DECISIONS

Cited in McKenney v. Woodbury Banking Co., 208 Ga. 616, 68 S.E.2d 571 (1952); Williams v. O'Connor, 208 Ga. 801, 69 S.E.2d 726 (1952).

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: Freeport Title & Guar. v. SummitBridge Nat'l Investments V, LLC, No. 19-01029 (Bankr. N.D. Ga. Sept. 30, 2021).
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Freeport Title & Guar. v. SummitBridge Nat'l Investments V, LLC, No. 19-01029 (Bankr. N.D. Ga. Sept. 30, 2021). · cites it 2× “See O.C.G.A. §§ 44-14-81 (Bar of exercise of powers of sale), -82 (Bar of suit to recover property), & -83 (Suits to foreclose or to recover property barred after reversion of title).”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.