GEORGIA CODE (Last Updated: August 20, 2013) |
Title 40. MOTOR VEHICLES AND TRAFFIC |
Chapter 3. CERTIFICATES OF TITLE, SECURITY INTERESTS, AND LIENS |
Article 3. SECURITY INTERESTS IN AND LIENS ON MOTOR VEHICLES |
Section 40-3-59. Certain security interests not affected
Latest version.
- This chapter does not apply to or affect a security interest in a vehicle created by a manufacturer or dealer who holds the vehicle for sale. A buyer in the ordinary course of trade from the manufacturer or dealer takes free of such security interest.
Ga. L. 1961, p. 68, § 5; Ga. L. 1962, p. 79, § 3; Ga. L. 1990, p. 2048, § 3.