Georgia Statutes

§ 18-2-2 — Compulsory election of remedy least likely to jeopardize rights of other creditors

Georgia § 18-2-2

This text of Georgia § 18-2-2 (Compulsory election of remedy least likely to jeopardize rights of other creditors) 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. § 18-2-2 (2026).

Text

As among themselves, creditors shall so prosecute their own rights as not to jeopardize unnecessarily the rights of others; hence, a creditor having a lien on two funds of the debtor, equally accessible to him, will be compelled to pursue the one on which other creditors have no lien.

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Related

First Maryland Leasecorp. v. M/V Golden Egret
764 F.2d 749 (Eleventh Circuit, 1985)
12 case citations
Loeb v. Franchise Distributors, Inc. (In Re Franchise Systems, Inc.)
46 B.R. 158 (N.D. Georgia, 1985)
8 case citations
Keller v. Hand
328 S.E.2d 431 (Court of Appeals of Georgia, 1985)
In re Bay Circle Properties, LLC
577 B.R. 587 (N.D. Georgia, 2017)

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Bluebook (online)
Georgia § 18-2-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/18-2-2.