O.C.G.A.

O.C.G.A. § 9-13-73 (2019)

Application of fund to younger lien with senior lienholder’s consent

✓ 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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If an execution creditor having the older lien on a fund in the hands of the sheriff or other officer allows the fund by his consent to be applied to a younger writ of execution, it shall be considered an extinguishment pro tanto of the creditor’s lien insofar as third persons may be concerned.

History

(Orig. Code 1863, § 3586; Code 1868, § 3609; Code 1873, § 3659; Code 1882, § 3659; Civil Code 1895, § 5444; Civil Code 1910, § 6049; Code 1933, § 39-603.)

Annotations

JUDICIAL DECISIONS This section imposes duty on execution creditor to assert the creditor’s lien, regardless of under which execution the money is raised. Rushin v. Shields & Ball, 11 Ga. 636 (1852).

This section applies when creditor purchases younger fi. fa., and accepts satisfaction thereof. Newton v. Nunnally, 4 Ga. 356 (1848).

RESEARCH REFERENCES Am. Jur. 2d. - 30 Am. Jur. 2d, Executions and Enforcement of Judgments, § 516 et seq.

C.J.S. - 33 C.J.S., Executions, § 232.