Georgia Statutes

§ 11-8-112 — Creditor's legal process

Georgia·Title 11
(a)The interest of a debtor in a certificated security may be reached by a creditor only by actual seizure of the security certificate by the officer making the attachment or levy, except as otherwise provided in subsection (d) of this Code section. However, a certificated security for which the certificate has been surrendered to the issuer may be reached by a creditor by legal process upon the issuer.
(b)The interest of a debtor in an uncertificated security may be reached by a creditor only by legal process upon the issuer at its chief executive office in the United States, except as otherwise provided in subsection (d) of this Code section.
(c)The interest of a debtor in a security entitlement may be reached by a creditor only by legal process upon the securities intermediary with w

Free access — add to your briefcase to read the full text and ask questions with AI

Georgia § 11-8-112 (Creditor's legal process) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Nearby Sections

15
View on official source ↗