Georgia Statutes

§ 13-7-7 — Allowance of setoff against original payee in action by holder or transferee of negotiable instrument received under dishonor

Georgia § 13-7-7

This text of Georgia § 13-7-7 (Allowance of setoff against original payee in action by holder or transferee of negotiable instrument received under dishonor) 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. § 13-7-7 (2026).

Text

When suit is brought by a holder or transferee on a negotiable instrument received under dishonor, no setoff shall be allowed against the original payee except such as is in some way connected with the debt sued on or the transaction from which it sprang.

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Related

Bank of the Ozarks v. DKK Development Co.
726 S.E.2d 608 (Court of Appeals of Georgia, 2012)
5 case citations

Nearby Sections

15
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Bluebook (online)
Georgia § 13-7-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/13-7-7.