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2021 Georgia Code
Title 44 - Property
Chapter 14 - Mortgages, Conveyances to Secure Debt, and Liens
Article 1 - In General
§ 44-14-6. Wrongful Sale or Removal of Mortgaged Property; Penalty

Universal Citation:
GA Code § 44-14-6 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

After having made a mortgage deed to personal property or a bill of sale to secure debt, any person who sells or otherwise disposes of the property or causes the property to be moved outside of the state before the payment of the mortgage debt or the debt secured by the bill of sale without the consent of and with intent to defraud the mortgagee shall be guilty of a misdemeanor if loss is thereby sustained by the holder of the mortgage or bill of sale.

(Ga. L. 1871-72, p. 71, §§ 1, 2; Code 1873, § 4600; Ga. L. 1875, p. 26, § 1; Code 1882, § 4600; Ga. L. 1887, p. 37, § 1; Penal Code 1895, § 671; Ga. L. 1910, p. 59, § 1; Penal Code 1910, § 720; Ga. L. 1921, p. 123, § 1; Code 1933, § 67-9901; Ga. L. 1982, p. 3, § 44.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 37 Am. Jur. 2d, Fraudulent Conveyances, § 83.

C.J.S.

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

ALR.

- Duty and liability of trustee under mortgage, deed of trust, or other trust instrument, to holders of bonds or other obligations secured thereby, 90 A.L.R.2d 501.

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