The assurance fund shall not under any circumstances be liable for any loss, damage, or deprivation occasioned by a breach of trust, whether express, implied, or constructive, on the part of the registered owner of any estate or interest in land.
History. Ga. L. 1917, p. 108, § 80; Code 1933, § 60-707.
Structure Georgia Code
Chapter 2 - Recordation and Registration of Deeds and Other Instruments
§ 44-2-190. Payment Into Assurance Fund Upon Original Registration; Determination of Amount
§ 44-2-191. Separate Account for Assurance Fund
§ 44-2-192. Investment of Fund; Application of Income; Transfer of Excess
§ 44-2-194. Action Against Fund — Parties Defendant
§ 44-2-196. Action Against Fund — How Judgments Satisfied When Fund Insufficient; Interest
§ 44-2-197. Liability of Fund for Registered Owner’s Breach of Trust