GEORGIA CODE (Last Updated: August 20, 2013) |
Title 18. DEBTOR AND CREDITOR |
Chapter 2. DEBTOR AND CREDITOR RELATIONS |
Article 3. PREFERENCES AND ASSIGNMENTS FOR BENEFIT OF CREDITORS |
Section 18-2-55. Actions to set aside assignments -- Nature of actions generally; priorities and payment to creditors on judgments rendered after filing of complaint to set aside assignment
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- No assignment shall be set aside except in a direct action filed for that purpose; and no creditor shall obtain any priority or preference of payment out of the assets assigned on any judgment rendered after the filing of a complaint to set aside the assignment if the assignment is set aside and decreed to be void.
Ga. L. 1894, p. 90, § 13; Civil Code 1895, § 2710; Civil Code 1910, § 3243; Code 1933, § 28-314.