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Georgia State Code
Title      44
Chapter      14  
Section Navigation     1 ... 10         11 ... 35.1  
    36 ... 44           45 ... 64    
    65 ... 100       101 ... 141   
   142 ... 162.4     163 ... 186   
   187 ... 232       233 ... 260   
   261 ... 280       281 ... 323   
   324 ... 346       347 ... 362   
   363 ... 401       402 ... 411   
 411.1 ... 452       453 ... 465   
   466 ... 490       491 ... 515   
   516 ... 572       573 ... 605   
   610 ... 613     
Section<<< 45 46 47 48 49 60 61 62 63 64 >>>  
Title 44, Chapter 14, Section 45 (44-14-45)

Purchasers at public sales of personal property subject to the lien of a mortgage shall give bond and security in double the value of the property to the officer making the sale and conditioned not to remove the property from the state and for its forthcoming to answer to the lien; provided, however, that prior to the sale the mortgagee or his agent shall file with the officer an affidavit stating the amount due on the mortgage and that he expects the loss of the property unless the bond is taken. On failure to give the bond, the property shall be resold at the risk of the purchaser.

Wednesday July 23 23:48 CDT


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