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Georgia Statutes

§ 18-2-41 — Rights of nonmunicipal corporation

Georgia § 18-2-41
JurisdictionGeorgia
Title18

This text of Georgia § 18-2-41 (Rights of nonmunicipal corporation) 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. § 18-2-41 (2026).

Text

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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Related

Asset Recovery Associates, LLC v. Whole Foods Market Group, Inc.
(N.D. Georgia, 2022)

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[Repealed] Conveyances by debtors deemed fraudulent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[Repealed] Validity of conveyance to innocent subsequent purchaser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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Bluebook (online)
Georgia § 18-2-41, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/18-2-41.