Georgia Code
Article 3 - Preferences and Assignments for Benefit of Creditors
§ 18-2-59. Appointment of New Assignees Upon Death or Removal From Jurisdiction of Courts of State of Sole or Surviving Assignee

In all cases of assignments for the benefit of creditors, where the sole or surviving assignee has died or moved beyond the jurisdiction of the courts of the state, the superior courts of this state shall have full power and authority, upon the petition of two or more of the parties interested in such assignment and on such notice as the court shall direct, in a summary manner, to appoint a new assignee or assignees in the place of the deceased or nonresident assignee; and the new assignee shall have all the authority and responsibilities of the deceased or nonresident assignee; and all laws or enactments shall be as applicable and in as full force in respect to the new as to the old assignee; and the court may in its discretion require a bond and security of such assignee.
History. Ga. L. 1861, p. 32, § 1; Code 1868, § 2296; Code 1873, § 2322; Code 1882, § 2322; Civil Code 1895, § 3166; Civil Code 1910, § 3746; Code 1933, § 28-320.

Structure Georgia Code

Georgia Code

Title 18 - Debtor and Creditor

Chapter 2 - Debtor and Creditor Relations

Article 3 - Preferences and Assignments for Benefit of Creditors

§ 18-2-40. Right of Debtor to Prefer Creditors

§ 18-2-41. Rights of Nonmunicipal Corporation

§ 18-2-42. Rights of Persons and Firms

§ 18-2-43. Execution, Filing, and Recording Deeds of Assignment

§ 18-2-44. Property to Be Conveyed Generally; Description of Property; Attachment of List of Creditors of Assignor

§ 18-2-45. Conveyances; Statements as to Aggregate Amounts

§ 18-2-46. Annexation of Affidavit to Deed of Assignment; Contents of Affidavit

§ 18-2-47. List of All Property of Assignor at Time of Assignment; Affidavits of Assignor and Assignee as to Accuracy of List

§ 18-2-48. List to Remain on File Ten Days

§ 18-2-49. Correcting of Mistake in List of Assets or Creditors

§ 18-2-50. Notification of Creditors of Filing of Assignment; Notification of Actions Attacking Assignment; Sufficient Notice

§ 18-2-51. Foreign Assignments to Conform With Georgia Law

§ 18-2-52. Providing and Filing of Bond by Assignee; Amount of Bond

§ 18-2-53. Duties of Assignee Generally; Payment of Preferred Debts After Filing

§ 18-2-54. Powers and Rights of Assignee

§ 18-2-55. Nature of Actions to Set Aside Assignments Generally; Priorities and Payment to Creditors on Judgments Rendered After Filing of Complaint to Set Aside Assignment

§ 18-2-56. Parties to Actions to Set Aside Assignments

§ 18-2-57. Proof Required in Rendering an Assignment Void

§ 18-2-58. Judgment Not Required Before Action Against Assignor or Assignee

§ 18-2-59. Appointment of New Assignees Upon Death or Removal From Jurisdiction of Courts of State of Sole or Surviving Assignee