Georgia Statutes
§ 11-9-507 — Effect of certain events on effectiveness of financing statement
Georgia § 11-9-507
JurisdictionGeorgia
Title11
This text of Georgia § 11-9-507 (Effect of certain events on effectiveness of financing statement) 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. § 11-9-507 (2026).
Text
(a)Disposition. A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed, or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition.
(b)Information becoming seriously misleading. Except as otherwise provided in subsection (c) of this Code section and Code Section 11-9-508 , a financing statement is not rendered ineffective if, after the financing statement is filed, the information provided in the financing statement becomes seriously misleading under Code Section 11-9-506 .
(c)Change in debtor's name. If the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under subsection (a
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Related
Emmons v. Burkett
353 S.E.2d 908 (Supreme Court of Georgia, 1987)
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320 S.E.2d 784 (Court of Appeals of Georgia, 1984)
Metter Banking Co. v. Millen Lumber & Supply Co.
382 S.E.2d 624 (Court of Appeals of Georgia, 1989)
Davis v. Concord Commercial Corp.
434 S.E.2d 571 (Court of Appeals of Georgia, 1993)
TAFEL v. LION ANTIQUE CARS & INVESTMENTS, INC.; And Vice Versa
773 S.E.2d 743 (Supreme Court of Georgia, 2015)
Chen v. Profit Sharing Plan of Bohne
456 S.E.2d 237 (Court of Appeals of Georgia, 1995)
Harrison v. MASSEY-FERGUSON CREDIT CORPORATION
334 S.E.2d 352 (Court of Appeals of Georgia, 1985)
McMillian v. Bank South, N.A.
373 S.E.2d 61 (Court of Appeals of Georgia, 1988)
Lee v. Trust Company Bank
418 S.E.2d 407 (Court of Appeals of Georgia, 1992)
Clark v. General Motors Acceptance Corp.
363 S.E.2d 813 (Court of Appeals of Georgia, 1987)
Business Development Corp. of Georgia, Inc. v. Contestabile
413 S.E.2d 447 (Supreme Court of Georgia, 1992)
Malley Motors, Inc. v. Davis
359 S.E.2d 394 (Court of Appeals of Georgia, 1987)
Grier v. Skinner's Furniture Store of Newnan, Inc.
349 S.E.2d 826 (Court of Appeals of Georgia, 1986)
Bradford v. GENERAL ELECTRIC CREDIT CORPORATION OF GEORGIA
359 S.E.2d 757 (Court of Appeals of Georgia, 1987)
Calcote v. Citizens & Southern National Bank
345 S.E.2d 616 (Court of Appeals of Georgia, 1986)
Ogletree v. Brokers South, Inc.
383 S.E.2d 900 (Court of Appeals of Georgia, 1989)
Southeast Recovery Services, LLC v. Northen
565 S.E.2d 861 (Court of Appeals of Georgia, 2002)
Hansford v. Burns
526 S.E.2d 896 (Court of Appeals of Georgia, 1999)
Willis v. Healthdyne, Inc.
382 S.E.2d 651 (Court of Appeals of Georgia, 1989)
Walker v. MODNAR CORPORATION
389 S.E.2d 558 (Court of Appeals of Georgia, 1989)
Legislative History
Amended by 2013 Ga. Laws 223,§ 12, eff. 7/1/2013. Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Georgia § 11-9-507, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-9-507.