This part shall not apply in those cases where the grantor or his successors in possession have surrendered possession of the property described in the deed to secure debt to the grantee or his successors in title in settlement of the indebtedness.
History. Ga. L. 1941, p. 487, § 8.
Structure Georgia Code
Chapter 14 - Mortgages, Conveyances to Secure Debt, and Liens
Article 3 - Conveyances to Secure Debt and Bills of Sale
§ 44-14-81. When Power of Sale Barred
§ 44-14-82. When Action to Recover Barred
§ 44-14-83. Actions to Foreclose and Exercise of Powers of Sale After Reversion
§ 44-14-84. Effect of Grantor Relinquishing Possession in Settlement of Debt