Georgia Statutes

§ 18-2-41 — Rights of nonmunicipal corporation

Georgia·Title 18

Any corporation, not municipal, may make an assignment for the benefit of creditors; but no such corporation shall be allowed in such assignment to prefer any creditor or class of creditors, except creditors who have debts entitled to priority by law.

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Georgia § 18-2-41 (Rights of nonmunicipal corporation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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Nearby Sections

15

§ 18-2-1

Creation of relationship of debtor and creditor

§ 18-2-2

Compulsory election of remedy least likely to jeopardize rights of other creditors

§ 18-2-20

Rights of creditors to be favored by courts

§ 18-2-21

Right of creditors to attack judgments, conveyances, or other arrangements interfering with creditors' rights

§ 18-2-22

[Repealed] Conveyances by debtors deemed fraudulent

§ 18-2-23

[Repealed] Validity of conveyance to innocent subsequent purchaser

§ 18-2-24

Effect of giving debtor permission to exercise control or use of property as security for any debt

§ 18-2-25

Effect of misrepresentation or private agreement giving preference upon settlement between debtor and creditor

§ 18-2-3

Reaching of equitable assets by creditors

§ 18-2-40

Right of debtor to prefer creditors

§ 18-2-41

Rights of nonmunicipal corporation

§ 18-2-42

Rights of persons and firms

§ 18-2-43

Execution, filing, and recording deeds of assignment

§ 18-2-44

Property to be conveyed generally; description of property; attachment of list of creditors of assignor

§ 18-2-45

Conveyances; statements as to aggregate amounts

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