Statutes, codes, and regulations
CODE OF GEORGIA
Title 44 - PROPERTYChapter 14 - MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENSArticle 7 - FORECLOSURE
Part 2 - FORECLOSURE ON MORTGAGES
Section 44-14-191 - Treatment of proceeds of sale when debt due in installments

Ga. Code § 44-14-191

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Current through 2023-2024 Legislative Session Chapter 709
Section 44-14-191 - Treatment of proceeds of sale when debt due in installments

If the mortgage is given to secure a debt due by installments and is foreclosed before any one of the installments falls due and there is a surplus of funds as provided in Code Section 44-14-190, the court may retain the funds or order them to be invested to meet the unpaid installments.

OCGA § 44-14-191