Georgia § 29-3-2 Release of debtor when collection doubtful

Georgia Statutes

§ 29-3-2 — Release of debtor when collection doubtful

Georgia § 29-3-2

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This text of Georgia § 29-3-2 (Release of debtor when collection doubtful) 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. § 29-3-2 (2026).

Text

The natural guardian of a minor who has no conservator may release the debtor and compromise a debt when the collection of the debt is doubtful without becoming the conservator of the minor and without such action being approved by the court if the amount of the debt is not more than $25,000.00.

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Legislative History

Amended by 2022 Ga. Laws 745,§ 2, eff. 5/2/2022. Former § 29-3-2 repealed by 2004 Ga. Laws 460, § 1, eff. 7/1/2005. Added by 2004 Ga. Laws 460, § 1, eff. 7/1/2005.