Georgia § 18-2-24 Effect of giving debtor permission to exercise control or use of property as security for any debt

Georgia Statutes

§ 18-2-24 — Effect of giving debtor permission to exercise control or use of property as security for any debt

Georgia § 18-2-24

Title18

This text of Georgia § 18-2-24 (Effect of giving debtor permission to exercise control or use of property as security for any debt) 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. § 18-2-24 (2026).

Text

Where any property is conveyed, assigned, or mortgaged as security for any debt and permission is given to the debtor to exercise dominion over or to use the property or the proceeds thereof or any part thereof, the giving of such permission shall not cause the conveyance, assignment, or mortgage to be deemed fraudulent or to create a presumption of fraud as to creditors.

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