Georgia Statutes

§ 10-3-1 — Transfer of secured note carries security

Georgia § 10-3-1

This text of Georgia § 10-3-1 (Transfer of secured note carries security) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 10-3-1 (2026).

Text

The transfer of notes secured by a mortgage or otherwise conveys to the transferee the benefit of the security. If more than one note is secured and the mortgagee transfers some and retains others, the holder of the transferred notes has a preference over the mortgagee if the security is insufficient to pay all the notes.

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Related

You v. JP Morgan Chase Bank, N.A.
743 S.E.2d 428 (Supreme Court of Georgia, 2013)
72 case citations
Walter v. Deutsche Bank National Trust Co. (In re Walter)
489 B.R. 298 (S.D. Georgia, 2012)
1 case citations

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Bluebook (online)
Georgia § 10-3-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/10-3-1.