Georgia Code
Title 11 - Commercial Code

§ 11-1-103. Rules of Construction to Promote Purposes and Policies; Applicability of Supplemental Principles of Law - History. Code 1933, § 109A-1-102, enacted by Ga. L. 1962,...

§ 11-1-104. Construction Against Implicit Repeal - This title being a general act intended as a unified...

§ 11-1-105. Severability - If any provision or clause of this title or application...

§ 11-1-106. Use of Singular and Plural; Gender - In this title unless the statutory context otherwise requires: History....

§ 11-1-107. Section Captions - Section captions are parts of this title. History. Code 1933,...

§ 11-1-108. Relation to Electronic Signatures in Global and National Commerce Act - This article modifies, limits, and supersedes the federal Electronic Signatures...

Part 2 - General Definitions and Principles of Interpretation

§ 11-1-201. General Definitions - Whether a transaction in the form of a lease creates...

§ 11-1-202. Notice; Knowledge - History. Code 1933, § 109A-1-202, enacted by Ga. L. 1962,...

§ 11-1-203. Lease Distinguished From Security Interest - History. Code 1933, § 109A-1-203, enacted by Ga. L. 1962,...

§ 11-1-204. Value - Except as otherwise provided in Articles 3, 4, 5, and...

§ 11-1-205. Reasonable Time; Seasonableness - History. Code 1933, § 109A-1-204, enacted by Ga. L. 1962,...

§ 11-1-206. Presumptions - Whenever this title creates a “presumption” with respect to a...

Part 3 - Territorial Applicability and General Rules

§ 11-1-301. Territorial Applicability; Parties’ Power to Choose Applicable Law - History. Code 1981, § 11-1-301 , enacted by Ga. L....

§ 11-1-302. Variation by Agreement - History. Code 1981, § 11-1-302 , enacted by Ga. L....

§ 11-1-303. Course of Performance, Course of Dealing, and Usage of Trade - History. Code 1981, § 11-1-303 , enacted by Ga. L....

§ 11-1-304. Obligation of Good Faith - Every contract or duty within this title imposes an obligation...

§ 11-1-305. Remedies to Be Liberally Administered - History. Code 1981, § 11-1-305 , enacted by Ga. L....

§ 11-1-306. Waiver or Renunciation of Claim or Right After Breach - A claim or right arising out of an alleged breach...

§ 11-1-307. Prima-Facie Evidence by Third Party Documents - A document in due form purporting to be a bill...

§ 11-1-308. Performance or Acceptance Under Reservation of Rights - History. Code 1981, § 11-1-308 , enacted by Ga. L....

§ 11-1-309. Option to Accelerate at Will - A term providing that one party or that party’s successor...

§ 11-1-310. Subordinated Obligations - An obligation may be issued as subordinated to performance of...

Article 2 - Sales

Part 1 - Short Title, General Construction, and Subject Matter

§ 11-2-101. Short Title - This article shall be known and may be cited as...

§ 11-2-102. Scope; Certain Security and Other Transactions Excluded From This Article - Unless the context otherwise requires, this article applies to transactions...

§ 11-2-103. Definitions and Index of Definitions - Acceptance.” Code Section 11-2-606. “Banker’s credit.” Code Section 11-2-325. “Between...

§ 11-2-104. Definitions: “Merchant”; “Between Merchants”; “Financing agency.” - History. Code 1933, § 109A-2-104, enacted by Ga. L. 1962,...

§ 11-2-105. Definitions: Transferability; “Goods”; “Future” Goods; “Lot”; “Commercial unit.” - History. Code 1933, § 109A-2-105, enacted by Ga. L. 1962,...

§ 11-2-106. Definitions: “Contract”; “Agreement”; “Contract for Sale”; “Sale”; “Present Sale”; “Conforming” to Contract; “Termination”; “cancellation.” - History. Code 1933, § 109A-2-106, enacted by Ga. L. 1962,...

§ 11-2-107. Goods to Be Severed From Realty; Recording - History. Code 1933, § 109A-2-107, enacted by Ga. L. 1962,...

Part 2 - Form, Formation, and Readjustment of Contract

§ 11-2-201. Formal Requirements; Statute of Frauds - History. Code 1933, § 109A-2-201, enacted by Ga. L. 1962,...

§ 11-2-202. Final Written Expression; Parol or Extrinsic Evidence - Terms with respect to which the confirmatory memoranda of the...

§ 11-2-203. Seals Inoperative - The affixing of a seal to a writing evidencing a...

§ 11-2-204. Formation in General - History. Code 1933, § 109A-2-204, enacted by Ga. L. 1962,...

§ 11-2-205. Firm Offers - An offer by a merchant to buy or sell goods...

§ 11-2-206. Offer and Acceptance in Formation of Contract - History. Code 1933, § 109A-2-206, enacted by Ga. L. 1962,...

§ 11-2-207. Additional Terms in Acceptance or Confirmation - History. Code 1933, § 109A-2-207, enacted by Ga. L. 1962,...

§ 11-2-209. Modification, Rescission, and Waiver - History. Code 1933, § 109A-2-209, enacted by Ga. L. 1962,...

§ 11-2-210. Delegation of Performance; Assignment of Rights - History. Code 1933, § 109A-2-210, enacted by Ga. L. 1962,...

Part 3 - General Obligation and Construction of Contract

§ 11-2-301. General Obligations of Parties - The obligation of the seller is to transfer and deliver...

§ 11-2-302. Unconscionable Contract or Clause - History. Code 1933, § 109A-2-302, enacted by Ga. L. 1962,...

§ 11-2-303. Allocation or Division of Risks - Where this article allocates a risk or a burden as...

§ 11-2-304. Price Payable in Money, Goods, Realty, or Otherwise - History. Code 1933, § 109A-2-304, enacted by Ga. L. 1962,...

§ 11-2-305. Open Price Term - History. Code 1933, § 109A-2-305, enacted by Ga. L. 1962,...

§ 11-2-306. Output, Requirements, and Exclusive Dealings - History. Code 1933, § 109A-2-306, enacted by Ga. L. 1962,...

§ 11-2-307. Delivery in Single Lot or Several Lots - Unless otherwise agreed all goods called for by a contract...

§ 11-2-308. Absence of Specified Place for Delivery - Unless otherwise agreed: History. Code 1933, § 109A-2-308, enacted by...

§ 11-2-309. Absence of Specific Time Provisions; Notice of Termination - History. Code 1933, § 109A-2-309, enacted by Ga. L. 1962,...

§ 11-2-310. Open Time for Payment or Running of Credit; Authority to Ship Under Reservation - Unless otherwise agreed: History. Code 1933, § 109A-2-310, enacted by...

§ 11-2-311. Options and Cooperation Respecting Performance - History. Code 1933, § 109A-2-311, enacted by Ga. L. 1962,...

§ 11-2-312. Warranty of Title and Against Infringement; Buyer’s Obligation Against Infringement - History. Code 1933, § 109A-2-312, enacted by Ga. L. 1962,...

§ 11-2-313. Express Warranties by Affirmation, Promise, Description, Sample - History. Code 1933, § 109A-2-313, enacted by Ga. L. 1962,...

§ 11-2-314. Implied Warranty: Merchantability; Usage of Trade - History. Code 1933, § 109A-2-314, enacted by Ga. L. 1962,...

§ 11-2-315. Implied Warranty: Fitness for Particular Purpose - Where the seller at the time of contracting has reason...

§ 11-2-316. Exclusion or Modification of Warranties - History. Code 1933, § 109A-2-316, enacted by Ga. L. 1962,...

§ 11-2-317. Cumulation and Conflict of Warranties Express or Implied - Warranties whether express or implied shall be construed as consistent...

§ 11-2-318. Third Party Beneficiaries of Warranties Express or Implied - A seller’s warranty whether express or implied extends to any...

§ 11-2-319. f.o.b. and f.a.s. Terms - History. Code 1933, § 109A-2-319, enacted by Ga. L. 1962,...

§ 11-2-320. c.i.f. and C. & F. Terms - History. Code 1933, § 109A-2-320, enacted by Ga. L. 1962,...

§ 11-2-321. c.i.f. or C. & f.: “Net Landed Weights”; “Payment on Arrival”; Warranty of Condition on Arrival - Under a contract containing a term C.I.F. or C. &...

§ 11-2-322. Delivery “Ex-ship.” - History. Code 1933, § 109A-2-322, enacted by Ga. L. 1962,...

§ 11-2-323. Form of Bill of Lading Required in Overseas Shipment; “overseas.” - History. Code 1933, § 109A-2-323, enacted by Ga. L. 1962,...

§ 11-2-324. “No Arrival, No Sale” Term - Under a term “no arrival, no sale” or terms of...

§ 11-2-325. “Letter of Credit” Term; “Confirmed credit.” - History. Code 1933, § 109A-2-325, enacted by Ga. L. 1962,...

§ 11-2-326. Sale on Approval and Sale or Return; Rights of Creditors - History. Code 1933, § 109A-2-326, enacted by Ga. L. 1962,...

§ 11-2-327. Special Incidents of Sale on Approval and Sale or Return - History. Code 1933, § 109A-2-327, enacted by Ga. L. 1962,...

§ 11-2-328. Sale by Auction - History. Code 1933, § 109A-2-328, enacted by Ga. L. 1962,...

Part 4 - Title, Creditors, and Good Faith Purchasers

§ 11-2-401. Passing of Title; Reservation for Security; Limited Application of This Code Section - Each provision of this article with regard to the rights,...

§ 11-2-402. Rights of Seller’s Creditors Against Sold Goods - History. Code 1933, § 109A-2-402, enacted by Ga. L. 1962,...

§ 11-2-403. Power to Transfer; Good Faith Purchase of Goods; “entrusting.” - History. Code 1933, § 109A-2-403, enacted by Ga. L. 1962,...

Part 5 - Performance

§ 11-2-501. Insurable Interest in Goods; Manner of Identification of Goods - History. Code 1933, § 109A-2-501, enacted by Ga. L. 1962,...

§ 11-2-502. Buyer’s Right to Goods on Seller’s Insolvency - History. Code 1933, § 109A-2-502, enacted by Ga. L. 1962,...

§ 11-2-503. Manner of Seller’s Tender of Delivery - History. Code 1933, § 109A-2-503, enacted by Ga. L. 1962,...

§ 11-2-504. Shipment by Seller - Where the seller is required or authorized to send the...

§ 11-2-505. Seller’s Shipment Under Reservation - History. Code 1933, § 109A-2-505, enacted by Ga. L. 1962,...

§ 11-2-506. Rights of Financing Agency - History. Code 1933, § 109A-2-506, enacted by Ga. L. 1962,...

§ 11-2-507. Effect of Seller’s Tender; Delivery on Condition - History. Code 1933, § 109A-2-507, enacted by Ga. L. 1962,...

§ 11-2-508. Cure by Seller of Improper Tender or Delivery; Replacement - History. Code 1933, § 109A-2-508, enacted by Ga. L. 1962,...

§ 11-2-509. Risk of Loss in the Absence of Breach - History. Code 1933, § 109A-2-509, enacted by Ga. L. 1962,...

§ 11-2-510. Effect of Breach on Risk of Loss - History. Code 1933, § 109A-2-510, enacted by Ga. L. 1962,...

§ 11-2-511. Tender of Payment by Buyer; Payment by Check - History. Code 1933, § 109A-2-511, enacted by Ga. L. 1962,...

§ 11-2-512. Payment by Buyer Before Inspection - History. Code 1933, § 109A-2-512, enacted by Ga. L. 1962,...

§ 11-2-513. Buyer’s Right to Inspection of Goods - History. Code 1933, § 109A-2-513, enacted by Ga. L. 1962,...

§ 11-2-514. When Documents Deliverable on Acceptance; When on Payment - Unless otherwise agreed documents against which a draft is drawn...

§ 11-2-515. Preserving Evidence of Goods in Dispute - In furtherance of the adjustment of any claim or dispute:...

Part 6 - Breach, Repudiation, and Excuse

§ 11-2-601. Buyer’s Rights on Improper Delivery - Subject to the provisions of this article on breach in...

§ 11-2-602. Manner and Effect of Rightful Rejection - History. Code 1933, § 109A-2-602, enacted by Ga. L. 1962,...

§ 11-2-603. Merchant Buyer’s Duties as to Rightfully Rejected Goods - History. Code 1933, § 109A-2-603, enacted by Ga. L. 1962,...

§ 11-2-604. Buyer’s Options as to Salvage of Rightfully Rejected Goods - Subject to the provisions of Code Section 11-2-603 on perishables...

§ 11-2-605. Waiver of Buyer’s Objections by Failure to Particularize - History. Code 1933, § 109A-2-605, enacted by Ga. L. 1962,...

§ 11-2-606. What Constitutes Acceptance of Goods - History. Code 1933, § 109A-2-606, enacted by Ga. L. 1962,...

§ 11-2-607. Effect of Acceptance; Notice of Breach; Burden of Establishing Breach After Acceptance; Notice of Claim or Litigation to Person Answerable Over - History. Code 1933, § 109A-2-607, enacted by Ga. L. 1962,...

§ 11-2-608. Revocation of Acceptance in Whole or in Part - History. Code 1933, § 109A-2-608, enacted by Ga. L. 1962,...

§ 11-2-609. Right to Adequate Assurance of Performance - History. Code 1933, § 109A-2-609, enacted by Ga. L. 1962,...

§ 11-2-610. Anticipatory Repudiation - When either party repudiates the contract with respect to a...

§ 11-2-611. Retraction of Anticipatory Repudiation - History. Code 1933, § 109A-2-611, enacted by Ga. L. 1962,...

§ 11-2-612. “Installment Contract”; Breach - History. Code 1933, § 109A-2 — 612, enacted by Ga....

§ 11-2-613. Casualty to Identified Goods - Where the contract requires for its performance goods identified when...

§ 11-2-614. Substituted Performance - History. Code 1933, § 109A-2-614, enacted by Ga. L. 1962,...

§ 11-2-615. Excuse by Failure of Presupposed Conditions - Except so far as a seller may have assumed a...

§ 11-2-616. Procedure on Notice Claiming Excuse - History. Code 1933, § 109A-2-616, enacted by Ga. L. 1962,...

Part 7 - Remedies

§ 11-2-701. Remedies for Breach of Collateral Contracts Not Impaired - Remedies for breach of any obligation or promise collateral or...

§ 11-2-702. Seller’s Remedies on Discovery of Buyer’s Insolvency - History. Code 1933, § 109A-2-702, enacted by Ga. L. 1962,...

§ 11-2-703. Seller’s Remedies in General - Where the buyer wrongfully rejects or revokes acceptance of goods...

§ 11-2-704. Seller’s Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods - History. Code 1933, § 109A-2-704, enacted by Ga. L. 1962,...

§ 11-2-705. Seller’s Stoppage of Delivery in Transit or Otherwise - History. Code 1933, § 109A-2-705, enacted by Ga. L. 1962,...

§ 11-2-706. Seller’s Resale Including Contract for Resale - History. Code 1933, § 109A-2-706, enacted by Ga. L. 1962,...

§ 11-2-707. “Person in the Position of a seller.” - History. Code 1933, § 109A-2-707, enacted by Ga. L. 1962,...

§ 11-2-708. Seller’s Damages for Nonacceptance or Repudiation - History. Code 1933, § 109A-2-708, enacted by Ga. L. 1962,...

§ 11-2-709. Action for the Price - History. Code 1933, § 109A-2-709, enacted by Ga. L. 1962,...

§ 11-2-710. Seller’s Incidental Damages - Incidental damages to an aggrieved seller include any commercially reasonable...

§ 11-2-711. Buyer’s Remedies in General; Buyer’s Security Interest in Rejected Goods - History. Code 1933, § 109A-2-711, enacted by Ga. L. 1962,...

§ 11-2-712. “Cover”; Buyer’s Procurement of Substitute Goods - History. Code 1933, § 109A-2-712, enacted by Ga. L. 1962,...

§ 11-2-713. Buyer’s Damages for Nondelivery or Repudiation - History. Code 1933, § 109A-2-713, enacted by Ga. L. 1962,...

§ 11-2-714. Buyer’s Damages for Breach in Regard to Accepted Goods - History. Code 1933, § 109A-2-714, enacted by Ga. L. 1962,...

§ 11-2-715. Buyer’s Incidental and Consequential Damages - History. Code 1933, § 109A-2-715, enacted by Ga. L. 1962,...

§ 11-2-716. Buyer’s Right to Specific Performance or Replevin - History. Code 1933, § 109A-2-716, enacted by Ga. L. 1962,...

§ 11-2-717. Deduction of Damages From the Price - The buyer on notifying the seller of his intention to...

§ 11-2-718. Liquidation or Limitation of Damages; Deposits - History. Code 1933, § 109A-2-718, enacted by Ga. L. 1962,...

§ 11-2-719. Contractual Modification or Limitation of Remedy - History. Code 1933, § 109A-2-719, enacted by Ga. L. 1962,...

§ 11-2-720. Effect of “Cancellation” or “Rescission” on Claims for Antecedent Breach - Unless the contrary intention clearly appears, expressions of “cancellation” or...

§ 11-2-721. Remedies for Fraud - Remedies for material misrepresentation or fraud include all remedies available...

§ 11-2-722. Who Can Sue Third Parties for Injury to Goods - Where a third party so deals with goods which have...

§ 11-2-723. Proof of Market Price: Time and Place - History. Code 1933, § 109A-2-723, enacted by Ga. L. 1962,...

§ 11-2-724. Admissibility of Market Quotations - Whenever the prevailing price or value of any goods regularly...

§ 11-2-725. Statute of Limitations in Contracts for Sale - History. Code 1933, § 109A-2-725, enacted by Ga. L. 1962,...

Article 2A - Leases

Part 1 - General Provisions

§ 11-2A-101. Short Title - This article shall be known and may be cited as...

§ 11-2A-102. Scope - This article applies to any transaction, regardless of form, that...

§ 11-2A-103. Definitions and Index of Definitions - Accessions.” Code Section 11-2A-310(1). “Construction mortgage.” Code Section 11-2A-309(1)(d). “Encumbrance.”...

§ 11-2A-104. Leases Subject to Other Law - History. Code 1981, § 11-2A-104 , enacted by Ga. L....

§ 11-2A-105. Territorial Application of Article to Goods Covered by Certificate of Title - Subject to the provisions of Code Sections 11-2A-304(3) and 11-2A-305(3),...

§ 11-2A-106. Limitation on Power of Parties to Consumer Lease to Choose Applicable Law and Judicial Forum - History. Code 1981, § 11-2A-106 , enacted by Ga. L....

§ 11-2A-107. Waiver or Renunciation of Claim or Right After Default - Any claim or right arising out of an alleged default...

§ 11-2A-108. Unconscionability - History. Code 1981, § 11-2A-108 , enacted by Ga. L....

§ 11-2A-109. Option to Accelerate at Will - History. Code 1981, § 11-2A-109 , enacted by Ga. L....

Part 2 - Formation and Construction of Lease Contract

§ 11-2A-201. Statute of Frauds - History. Code 1981, § 11-2A-201 , enacted by Ga. L....

§ 11-2A-202. Final Written Expression: Parole or Extrinsic Evidence - Terms with respect to which the confirmatory memoranda of the...

§ 11-2A-203. Seals Inoperative - The affixing of a seal to a writing evidencing a...

§ 11-2A-204. Formation in General - History. Code 1981, § 11-2A-204 , enacted by Ga. L....

§ 11-2A-205. Firm Offers - An offer by a merchant to lease goods to or...

§ 11-2A-206. Offer and Acceptance in Formation of Lease Contract - History. Code 1981, § 11-2A-206 , enacted by Ga. L....

§ 11-2A-208. Modification, Rescission and Waiver - History. Code 1981, § 11-2A-208 , enacted by Ga. L....

§ 11-2A-209. Lessee Under Finance Lease as Beneficiary of Supply Contract - History. Code 1981, § 11-2A-209 , enacted by Ga. L....

§ 11-2A-210. Express Warranties - History. Code 1981, § 11-2A-210 , enacted by Ga. L....

§ 11-2A-211. Warranties Against Interference and Against Infringement; Lessee’s Obligation Against Infringement - History. Code 1981, § 11-2A-211 , enacted by Ga. L....

§ 11-2A-212. Implied Warranty of Merchantability - History. Code 1981, § 11-2A-212 , enacted by Ga. L....

§ 11-2A-213. Implied Warranty of Fitness for Particular Purpose - Except in a finance lease, if the lessor at the...

§ 11-2A-214. Exclusion or Modification of Warranties - History. Code 1981, § 11-2A-214 , enacted by Ga. L....

§ 11-2A-215. Cumulation and Conflict of Warranties Express or Implied - Warranties, whether express or implied, must be construed as consistent...

§ 11-2A-216. Third-Party Beneficiaries of Express and Implied Warranties - A warranty to or for the benefit of a lessee...

§ 11-2A-217. Identification - Identification of goods as goods to which a lease contract...

§ 11-2A-218. Insurance and Proceeds - History. Code 1981, § 11-2A-218 , enacted by Ga. L....

§ 11-2A-219. Risk of Loss - History. Code 1981, § 11-2A-219 , enacted by Ga. L....

§ 11-2A-220. Effect of Default on Risk of Loss - History. Code 1981, § 11-2A-220 , enacted by Ga. L....

§ 11-2A-221. Casualty to Identified Goods - If a lease contract requires goods identified when the lease...

Part 3 - Effect of Lease Contract

§ 11-2A-301. Enforceability of Lease Contract - Except as otherwise provided in this article, a lease contract...

§ 11-2A-302. Title to and Possession of Goods - Except as otherwise provided in this article, each provision of...

§ 11-2A-303. Alienability of Party’s Interest Under Lease Contract or of Lessor’s Residual Interest in Goods; Delegation of Performance; Transfer of Rights - History. Code 1981, § 11-2A-303 , enacted by Ga. L....

§ 11-2A-304. Subsequent Lease of Goods by Lessor - History. Code 1981, § 11-2A-304 , enacted by Ga. L....

§ 11-2A-305. Sale or Sublease of Goods by Lessee - History. Code 1981, § 11-2A-305 , enacted by Ga. L....

§ 11-2A-306. Priority of Certain Liens Arising by Operation of Law - If a person in the ordinary course of his business...

§ 11-2A-307. Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods - History. Code 1981, § 11-2A-307 , enacted by Ga. L....

§ 11-2A-308. Special Rights of Creditors - History. Code 1981, § 11-2A-308 , enacted by Ga. L....

§ 11-2A-309. Lessor’s and Lessee’s Rights When Goods Become Fixtures - History. Code 1981, § 11-2A-309 , enacted by Ga. L....

§ 11-2A-310. Lessor’s and Lessee’s Rights When Goods Become Accessions - History. Code 1981, § 11-2A-310 , enacted by Ga. L....

§ 11-2A-311. Priority Subject to Subordination - Nothing in this article prevents subordination by agreement by any...

Part 4 - Performance of Lease Contract: Repudiated, Substituted and Excused

§ 11-2A-401. Insecurity: Adequate Assurance of Performance - History. Code 1981, § 11-2A-401 , enacted by Ga. L....

§ 11-2A-402. Anticipatory Repudiation - If either party repudiates a lease contract with respect to...

§ 11-2A-403. Retraction of Anticipatory Repudiation - History. Code 1981, § 11-2A-403 , enacted by Ga. L....

§ 11-2A-404. Substituted Performance - History. Code 1981, § 11-2A-404 , enacted by Ga. L....

§ 11-2A-405. Excused Performance - Subject to Code Section 11-2A-404 on substituted performance, the following...

§ 11-2A-406. Procedure on Excused Performance - History. Code 1981, § 11-2A-406 , enacted by Ga. L....

§ 11-2A-407. Irrevocable Promises: Finance Leases - History. Code 1981, § 11-2A-407 , enacted by Ga. L....

Part 5 - Default

Subpart A - In General

§ 11-2A-501. Default: Procedure - History. Code 1981, § 11-2A-501 , enacted by Ga. L....

§ 11-2A-502. Notice After Default - Except as otherwise provided in this article, applicable statutes, or...

§ 11-2A-503. Modification or Impairment of Rights and Remedies - History. Code 1981, § 11-2A-503 , enacted by Ga. L....

§ 11-2A-504. Liquidation of Damages - History. Code 1981, § 11-2A-504 , enacted by Ga. L....

§ 11-2A-505. Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies - History. Code 1981, § 11-2A-505 , enacted by Ga. L....

§ 11-2A-506. Statute of Limitations - History. Code 1981, § 11-2A-506 , enacted by Ga. L....

§ 11-2A-507. Proof of Market Rent: Time and Place - History. Code 1981, § 11-2A-507 , enacted by Ga. L....

Subpart B - Default by Lessor

§ 11-2A-508. Lessee’s Remedies - History. Code 1981, § 11-2A-508 , enacted by Ga. L....

§ 11-2A-509. Lessee’s Rights on Improper Delivery; Rightful Rejection - History. Code 1981, § 11-2A-509 , enacted by Ga. L....

§ 11-2A-510. Installment Lease Contracts: Rejection and Default - History. Code 1981, § 11-2A-510 , enacted by Ga. L....

§ 11-2A-511. Merchant Lessee’s Duties as to Rightfully Rejected Goods - History. Code 1981, § 11-2A-511 , enacted by Ga. L....

§ 11-2A-512. Lessee’s Duties as to Rightfully Rejected Goods - History. Code 1981, § 11-2A-512 , enacted by Ga. L....

§ 11-2A-513. Cure by Lessor of Improper Tender or Delivery; Replacement - History. Code 1981, § 11-2A-513 , enacted by Ga. L....

§ 11-2A-514. Waiver of Lessee’s Objections - History. Code 1981, § 11-2A-514 , enacted by Ga. L....

§ 11-2A-515. Acceptance of Goods - History. Code 1981, § 11-2A-515 , enacted by Ga. L....

§ 11-2A-516. Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Person Answerable Over - History. Code 1981, § 11-2A-516 , enacted by Ga. L....

§ 11-2A-517. Revocation of Acceptance of Goods - History. Code 1981, § 11-2A-517 , enacted by Ga. L....

§ 11-2A-518. Cover; Substitute Goods - History. Code 1981, § 11-2A-518 , enacted by Ga. L....

§ 11-2A-519. Lessee’s Damages for Nondelivery, Repudiation, Default, and Breach of Warranty in Regard to Accepted Goods - History. Code 1981, § 11-2A-519 , enacted by Ga. L....

§ 11-2A-520. Lessee’s Incidental and Consequential Damages - History. Code 1981, § 11-2A-520 , enacted by Ga. L....

§ 11-2A-521. Lessee’s Right to Specific Performance or Replevin - History. Code 1981, § 11-2A-521 , enacted by Ga. L....

§ 11-2A-522. Lessee’s Right to Goods on Lessor’s Insolvency - History. Code 1981, § 11-2A-522 , enacted by Ga. L....

Subpart C - Default by Lessee

§ 11-2A-523. Lessor’s Remedies - History. Code 1981, § 11-2A-523 , enacted by Ga. L....

§ 11-2A-524. Lessor’s Right to Identify Goods to Lease Contract - History. Code 1981, § 11-2A-524 , enacted by Ga. L....

§ 11-2A-525. Lessor’s Right to Possession of Goods - History. Code 1981, § 11-2A-525 , enacted by Ga. L....

§ 11-2A-526. Lessor’s Stoppage of Delivery in Transit or Otherwise - History. Code 1981, § 11-2A-526 , enacted by Ga. L....

§ 11-2A-527. Lessor’s Rights to Dispose of Goods - History. Code 1981, § 11-2A-527 , enacted by Ga. L....

§ 11-2A-528. Lessor’s Damages for Nonacceptance, Failure to Pay, Repudiation, or Other Default - History. Code 1981, § 11-2A-528 , enacted by Ga. L....

§ 11-2A-529. Lessor’s Action for the Rent - History. Code 1981, § 11-2A-529 , enacted by Ga. L....

§ 11-2A-530. Lessor’s Incidental Damages - Incidental damages to an aggrieved lessor include any commercially reasonable...

§ 11-2A-531. Standing to Sue Third Parties for Injury to Goods - History. Code 1981, § 11-2A-531 , enacted by Ga. L....

§ 11-2A-532. Lessor’s Rights to Residual Interest - In addition to any other recovery permitted by this article...

Article 3 - Negotiable Instruments

Part 1 - General Provisions and Definitions

§ 11-3-101. Short Title - This article may be cited as “Uniform Commercial Code —...

§ 11-3-102. Subject Matter - History. Code 1981, § 11-3-102 , enacted by Ga. L....

§ 11-3-103. Definitions - Acceptance.” Code Section 11-3-409. “Accommodated party.” Code Section 11-3-419. “Accommodation...

§ 11-3-104. Negotiable Instrument - History. Code 1981, § 11-3-104 , enacted by Ga. L....

§ 11-3-105. Issue of Instrument - History. Code 1981, § 11-3-105 , enacted by Ga. L....

§ 11-3-106. Unconditional Promise or Order - History. Code 1981, § 11-3-106 , enacted by Ga. L....

§ 11-3-107. Instrument Payable in Foreign Money - Unless the instrument otherwise provides, an instrument that states the...

§ 11-3-108. Payable on Demand or at Definite Time - History. Code 1981, § 11-3-108 , enacted by Ga. L....

§ 11-3-109. Payable to Bearer or to Order - History. Code 1981, § 11-3-109 , enacted by Ga. L....

§ 11-3-110. Identification of Person to Whom Instrument Is Payable - History. Code 1981, § 11-3-110 , enacted by Ga. L....

§ 11-3-111. Place of Payment - Except as otherwise provided for items in Article 4 of...

§ 11-3-112. Interest - History. Code 1981, § 11-3-112 , enacted by Ga. L....

§ 11-3-113. Date of Instrument - History. Code 1981, § 11-3-113 , enacted by Ga. L....

§ 11-3-114. Contradictory Terms of Instrument - If an instrument contains contradictory terms, typewritten terms prevail over...

§ 11-3-115. Incomplete Instrument - History. Code 1981, § 11-3-115 , enacted by Ga. L....

§ 11-3-116. Joint and Several Liability; Contribution - History. Code 1981, § 11-3-116 , enacted by Ga. L....

§ 11-3-117. Other Agreements Affecting Instrument - Subject to applicable law regarding exclusion of proof of contemporaneous...

§ 11-3-118. Statute of Limitations - History. Code 1981, § 11-3-118 , enacted by Ga. L....

§ 11-3-119. Notice of Right to Defend Action - In an action for breach of an obligation for which...

Part 2 - Negotiation, Transfer, and Indorsement

§ 11-3-201. Negotiation - History. Code 1981, § 11-3-201 , enacted by Ga. L....

§ 11-3-202. Negotiation Subject to Rescission - History. Code 1981, § 11-3-202 , enacted by Ga. L....

§ 11-3-203. Transfer of Instrument; Rights Acquired by Transfer - History. Code 1981, § 11-3-203 , enacted by Ga. L....

§ 11-3-204. Indorsement - History. Code 1981, § 11-3-204 , enacted by Ga. L....

§ 11-3-205. Special Indorsement; Blank Indorsement; Anomalous Indorsement - History. Code 1981, § 11-3-205 , enacted by Ga. L....

§ 11-3-206. Restrictive Indorsement - History. Code 1981, § 11-3-206 , enacted by Ga. L....

§ 11-3-207. Reacquisition - Reacquisition of an instrument occurs if it is transferred to...

Part 3 - Enforcement of Instruments

§ 11-3-301. Person Entitled to Enforce Instrument - Person entitled to enforce” an instrument means (i) the holder...

§ 11-3-302. Holder in Due Course - History. Code 1981, § 11-3-302 , enacted by Ga. L....

§ 11-3-303. Value and Consideration - History. Code 1981, § 11-3-303 , enacted by Ga. L....

§ 11-3-304. Overdue Instrument - History. Code 1981, § 11-3-304 , enacted by Ga. L....

§ 11-3-305. Defenses and Claims in Recoupment - History. Code 1981, § 11-3-305 , enacted by Ga. L....

§ 11-3-306. Claims to an Instrument - A person taking an instrument, other than a person having...

§ 11-3-307. Notice of Breach of Fiduciary Duty - History. Code 1981, § 11-3-307 , enacted by Ga. L....

§ 11-3-308. Proof of Signatures and Status as Holder in Due Course - History. Code 1981, § 11-3-308 , enacted by Ga. L....

§ 11-3-309. Enforcement of Lost, Destroyed, or Stolen Instrument - History. Code 1981, § 11-3-309 , enacted by Ga. L....

§ 11-3-310. Effect of Instrument on Obligation for Which Taken - History. Code 1981, § 11-3-310 , enacted by Ga. L....

§ 11-3-311. Accord and Satisfaction by Use of Instrument - History. Code 1981, § 11-3-311 , enacted by Ga. L....

§ 11-3-312. Lost, Destroyed, or Stolen Cashier’s Check, Teller’s Check, or Certified Check - History. Code 1981, § 11-3-312 , enacted by Ga. L....

Part 4 - Liability of Parties

§ 11-3-401. Signature - History. Code 1981, § 11-3-401 , enacted by Ga. L....

§ 11-3-402. Signature by Representative - History. Code 1981, § 11-3-402 , enacted by Ga. L....

§ 11-3-403. Unauthorized Signature - History. Code 1981, § 11-3-403 , enacted by Ga. L....

§ 11-3-404. Impostors; Fictitious Payees - History. Code 1981, § 11-3-404 , enacted by Ga. L....

§ 11-3-405. Employer’s Responsibility for Fraudulent Indorsement by Employee - Responsibility” does not include authority that merely allows an employee...

§ 11-3-406. Negligence Contributing to Forged Signature or Alteration of Instrument - History. Code 1981, § 11-3-406 , enacted by Ga. L....

§ 11-3-407. Alteration - History. Code 1981, § 11-3-407 , enacted by Ga. L....

§ 11-3-408. Drawee Not Liable on Unaccepted Draft - A check or other draft does not of itself operate...

§ 11-3-409. Acceptance of Draft; Certified Check - History. Code 1981, § 11-3-409 , enacted by Ga. L....

§ 11-3-410. Acceptance Varying Draft - History. Code 1981, § 11-3-410 , enacted by Ga. L....

§ 11-3-411. Refusal to Pay Cashier’s Checks, Teller’s Checks, and Certified Checks - History. Code 1981, § 11-3-411 , enacted by Ga. L....

§ 11-3-412. Obligation of Issuer of Note or Cashier’s Check - The issuer of a note or cashier’s check or other...

§ 11-3-413. Obligation of Acceptor - History. Code 1981, § 11-3-413 , enacted by Ga. L....

§ 11-3-414. Obligation of Drawer - History. Code 1981, § 11-3-414 , enacted by Ga. L....

§ 11-3-415. Obligation of Indorser - History. Code 1981, § 11-3-415 , enacted by Ga. L....

§ 11-3-416. Transfer Warranties - History. Code 1981, § 11-3-416 , enacted by Ga. L....

§ 11-3-417. Presentment Warranties - History. Code 1981, § 11-3-417 , enacted by Ga. L....

§ 11-3-418. Payment or Acceptance by Mistake - History. Code 1981, § 11-3-418 , enacted by Ga. L....

§ 11-3-419. Instruments Signed for Accommodation - History. Code 1981, § 11-3-419 , enacted by Ga. L....

§ 11-3-420. Conversion of Instrument - History. Code 1981, § 11-3-420 , enacted by Ga. L....

Part 5 - Dishonor

§ 11-3-501. Presentment - History. Code 1981, § 11-3-501 , enacted by Ga. L....

§ 11-3-502. Dishonor - History. Code 1981, § 11-3-502 , enacted by Ga. L....

§ 11-3-503. Notice of Dishonor - History. Code 1981, § 11-3-503 , enacted by Ga. L....

§ 11-3-504. Excused Presentment and Notice of Dishonor - History. Code 1981, § 11-3-504 , enacted by Ga. L....

§ 11-3-505. Evidence of Dishonor - History. Code 1981, § 11-3-505 , enacted by Ga. L....

Part 6 - Discharge and Payment

§ 11-3-601. Discharge and Effect of Discharge - History. Code 1981, § 11-3-601 , enacted by Ga. L....

§ 11-3-602. Payment - History. Code 1981, § 11-3-602 , enacted by Ga. L....

§ 11-3-603. Tender of Payment - History. Code 1981, § 11-3-603 , enacted by Ga. L....

§ 11-3-604. Discharge by Cancellation or Renunciation - History. Code 1981, § 11-3-604 , enacted by Ga. L....

§ 11-3-605. Discharge of Indorsers and Accommodation Parties - History. Code 1981, § 11-3-605 , enacted by Ga. L....

Article 4 - Bank Deposits and Collections

Part 1 - General Provisions and Definitions

§ 11-4-101. Short Title - This article may be cited as “Uniform Commercial Code —...

§ 11-4-102. Applicability - History. Code 1933, § 109A-4-102, enacted by Ga. L. 1962,...

§ 11-4-103. Variation by Agreement; Measure of Damages; Action Constituting Ordinary Care - History. Code 1933, § 109A-4-103, enacted by Ga. L. 1962,...

§ 11-4-104. Definitions and Index of Definitions - Agreement for electronic presentment.” Code Section 11-4-110. “Bank.” Code Section...

§ 11-4-105. “Bank”; “Depositary Bank”; “Payor Bank”; “Intermediary Bank”; “Collecting Bank”; “Presenting bank.” - In this article: History. Code 1933, § 109A-4-105, enacted by...

§ 11-4-106. Payable Through or Payable at Bank; Collecting Bank - History. Code 1981, § 11-4-106 , enacted by Ga. L....

§ 11-4-107. Separate Office of a Bank - A branch or separate office of a bank, including the...

§ 11-4-108. Time of Receipt of Items - History. Code 1933, § 109A-4-107, enacted by Ga. L. 1962,...

§ 11-4-109. Delays - History. Code 1933, § 109A-4-108, enacted by Ga. L. 1962,...

§ 11-4-110. Electronic Presentment - History. Code 1981, § 11-4-110 , enacted by Ga. L....

§ 11-4-111. Statute of Limitations - An action to enforce an obligation, duty, or right arising...

Part 2 - Collection of Items: Depositary and Collecting Banks

§ 11-4-201. Status of Collecting Bank as Agent and Provisional Status of Credits; Applicability of Article; Item Indorsed “Pay Any bank.” - History. Code 1933, § 109A-4-201, enacted by Ga. L. 1962,...

§ 11-4-202. Responsibility for Collection or Return; When Action Timely - History. Code 1933, § 109A-4-202, enacted by Ga. L. 1962,...

§ 11-4-203. Effect of Instructions - Subject to Article 3 of this title concerning conversion of...

§ 11-4-204. Methods of Sending and Presenting; Sending Directly to Payor Bank - History. Code 1933, § 109A-4-204, enacted by Ga. L. 1962,...

§ 11-4-205. Depositary Bank Holder of Unindorsed Item - If a customer delivers an item to a depositary bank...

§ 11-4-206. Transfer Between Banks - Any agreed method that identifies the transferor bank is sufficient...

§ 11-4-207. Transfer Warranties - History. Code 1933, § 109A-4-207, enacted by Ga. L. 1962,...

§ 11-4-208. Presentment Warranties - History. Code 1981, § 11-4-208 , enacted by Ga. L....

§ 11-4-209. Encoding and Retention Warranties - History. Code 1981, § 11-4-209 , enacted by Ga. L....

§ 11-4-210. Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds - History. Code 1933, § 109A-4-208, enacted by Ga. L. 1962,...

§ 11-4-211. When Bank Gives Value for Purposes of Holder in Due Course - For purposes of determining its status as a holder in...

§ 11-4-212. Presentment by Notice of Item Not Payable By, Through, or at a Bank; Liability of Drawer or Indorser - History. Code 1933, § 109A-4-210, enacted by Ga. L. 1962,...

§ 11-4-213. Medium and Time of Settlement by Bank - History. Code 1933, § 109A-4-211, enacted by Ga. L. 1962,...

§ 11-4-214. Right of Charge-Back or Refund; Liability of Collecting Bank; Return of Item - History. Code 1933, § 109A-4-212, enacted by Ga. L. 1962,...

§ 11-4-215. Final Payment of Item by Payor Bank; When Provisional Debits and Credits Become Final; When Certain Credits Become Available for Withdrawal - History. Code 1933, § 109A-4-213, enacted by Ga. L. 1962,...

§ 11-4-216. Insolvency and Preference - History. Code 1933, § 109A-4-214, enacted by Ga. L. 1962,...

Part 3 - Collection of Items: Payor Banks

§ 11-4-301. Deferred Posting; Recovery of Payment by Return of Items; Time of Dishonor; Return of Items by Payor Bank - History. Code 1933, § 109A-4-301, enacted by Ga. L. 1962,...

§ 11-4-302. Payor Bank’s Responsibility for Late Return of Item - History. Code 1933, § 109A-4-302, enacted by Ga. L. 1962,...

§ 11-4-303. When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff; Order in Which Items May Be Charged or Certified - History. Code 1933, § 109A-4-303, enacted by Ga. L. 1962,...

Part 4 - Relationship Between Payor Bank and Its Customer

§ 11-4-401. When Bank May Charge Customer’s Account - History. Code 1933, § 109A-4-401, enacted by Ga. L. 1962,...

§ 11-4-402. Bank’s Liability to Customer for Wrongful Dishonor; Time of Determining Insufficiency of Account - History. Code 1933, § 109A-4-402, enacted by Ga. L. 1962,...

§ 11-4-403. Customer’s Right to Stop Payment; Burden of Proof of Loss - History. Code 1933, § 109A-4-403, enacted by Ga. L. 1962,...

§ 11-4-404. Bank Not Obliged to Pay Check More Than Six Months Old - A bank is under no obligation to a customer having...

§ 11-4-405. Death or Incompetence of Customer - History. Code 1933, § 109A-4-405, enacted by Ga. L. 1962,...

§ 11-4-406. Customer’s Duty to Discover and Report Unauthorized Signature or Alteration - If there is a preclusion under this subsection, the payor...

§ 11-4-407. Payor Bank’s Right to Subrogation on Improper Payment - If a payor bank has paid an item over the...

Part 5 - Collection of Documentary Drafts

§ 11-4-501. Handling of Documentary Drafts; Duty to Send for Presentment and to Notify Customer of Dishonor - A bank that takes a documentary draft for collection shall...

§ 11-4-502. Presentment of “On Arrival” Drafts - If a draft or the relevant instructions require presentment “on...

§ 11-4-503. Responsibility of Presenting Bank for Documents and Goods; Report of Reasons for Dishonor; Referee in Case of Need - Unless otherwise instructed and except as provided in Article 5...

§ 11-4-504. Privilege of Presenting Bank to Deal With Goods; Security Interest for Expenses - History. Code 1933, § 109A-4-504, enacted by Ga. L. 1962,...

Article 4A - Funds Transfers

Part 1 - Subject Matter and Definitions

§ 11-4A-101. Short Title - This article shall be known and may be cited as...

§ 11-4A-102. Subject Matter - Except as otherwise provided in Code Section 11-4A-108, this article...

§ 11-4A-103. Payment Order — Definitions - History. Code 1981, § 11-4A-103 , enacted by Ga. L....

§ 11-4A-104. Funds Transfer — Definitions - In this article: History. Code 1981, § 11-4A-104 , enacted...

§ 11-4A-105. Other Definitions - Acceptance.” Code Section 11-4A-209. “Beneficiary.” Code Section 11-4A-103. “Beneficiary’s bank.”...

§ 11-4A-106. Time Payment Order Is Received - History. Code 1981, § 11-4A-106 , enacted by Ga. L....

§ 11-4A-107. Federal Reserve Regulations and Operating Circulars - Regulations of the Board of Governors of the Federal Reserve...

§ 11-4A-108. Relationship to Federal Electronic Fund Transfer Act - History. Code 1981, § 11-4A-108 , enacted by Ga. L....

Part 2 - Issue and Acceptance of Payment Order

§ 11-4A-201. Security Procedure - Security procedure” means a procedure established by agreement of a...

§ 11-4A-202. Authorized and Verified Payment Orders - History. Code 1981, § 11-4A-202 , enacted by Ga. L....

§ 11-4A-203. Unenforceability of Certain Verified Payment Orders - History. Code 1981, § 11-4A-203 , enacted by Ga. L....

§ 11-4A-204. Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order - History. Code 1981, § 11-4A-204 , enacted by Ga. L....

§ 11-4A-205. Erroneous Payment Orders - History. Code 1981, § 11-4A-205 , enacted by Ga. L....

§ 11-4A-206. Transmission of Payment Order Through Funds-Transfer or Other Communication System - History. Code 1981, § 11-4A-206 , enacted by Ga. L....

§ 11-4A-207. Misdescription of Beneficiary - History. Code 1981, § 11-4A-207 , enacted by Ga. L....

§ 11-4A-208. Misdescription of Intermediary Bank or Beneficiary’s Bank - History. Code 1981, § 11-4A-208 , enacted by Ga. L....

§ 11-4A-209. Acceptance of Payment Order - History. Code 1981, § 11-4A-209 , enacted by Ga. L....

§ 11-4A-210. Rejection of Payment Order - History. Code 1981, § 11-4A-210 , enacted by Ga. L....

§ 11-4A-211. Cancellation and Amendment of Payment Order - History. Code 1981, § 11-4A-211 , enacted by Ga. L....

§ 11-4A-212. Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order - If a receiving bank fails to accept a payment order...

Part 3 - Execution of Sender’s Payment Order by Receiving Bank

§ 11-4A-301. Execution and Execution Date - History. Code 1981, § 11-4A-301 , enacted by Ga. L....

§ 11-4A-302. Obligations of Receiving Bank in Execution of Payment Order - History. Code 1981, § 11-4A-302 , enacted by Ga. L....

§ 11-4A-303. Erroneous Execution of Payment Order - History. Code 1981, § 11-4A-303 , enacted by Ga. L....

§ 11-4A-304. Duty of Sender to Report Erroneously Executed Payment Order - If the sender of a payment order that is erroneously...

§ 11-4A-305. Liability for Late or Improper Execution or Failure to Execute Payment Order - History. Code 1981, § 11-4A-305 , enacted by Ga. L....

Part 4 - Payment

§ 11-4A-401. Payment Date - Payment date” of a payment order means the day on...

§ 11-4A-402. Obligation of Sender to Pay Receiving Bank - History. Code 1981, § 11-4A-402 , enacted by Ga. L....

§ 11-4A-403. Payment by Sender to Receiving Bank - History. Code 1981, § 11-4A-403 , enacted by Ga. L....

§ 11-4A-404. Obligation of Beneficiary’s Bank to Pay and Give Notice to Beneficiary - History. Code 1981, § 11-4A-404 , enacted by Ga. L....

§ 11-4A-405. Payment by Beneficiary’s Bank to Beneficiary - History. Code 1981, § 11-4A-405 , enacted by Ga. L....

§ 11-4A-406. Payment by Originator to Beneficiary; Discharge of Underlying Obligation - History. Code 1981, § 11-4A-406 , enacted by Ga. L....

Part 5 - Miscellaneous Provisions

§ 11-4A-501. Variation by Agreement and Effect of Funds-Transfer System Rule - History. Code 1981, § 11-4A-501 , enacted by Ga. L....

§ 11-4A-502. Creditor Process Served on Receiving Bank; Setoff by Beneficiary’s Bank - History. Code 1981, § 11-4A-502 , enacted by Ga. L....

§ 11-4A-503. Injunction or Restraining Order With Respect to Funds Transfer - For proper cause and in compliance with applicable law, a...

§ 11-4A-504. Order in Which Items and Payment Orders May Be Charged to Account; Order of Withdrawals From Account - History. Code 1981, § 11-4A-504 , enacted by Ga. L....

§ 11-4A-505. Preclusion of Objection to Debit of Customer’s Account - If a receiving bank has received payment from its customer...

§ 11-4A-506. Rate of Interest - History. Code 1981, § 11-4A-506 , enacted by Ga. L....

§ 11-4A-507. Choice of Law - History. Code 1981, § 11-4A-507 , enacted by Ga. L....

Article 5 - Letters of Credit

§ 11-5-101. Short Title - This article may be cited as “Uniform Commercial Code —...

§ 11-5-102. Definitions - Accept” or “acceptance.” Code Section 11-3-409. “Value.” Code Section 11-3-303...

§ 11-5-103. Scope - History. Code 1981, § 11-5-103 , enacted by Ga. L....

§ 11-5-104. Formal Requirements - A letter of credit, confirmation, advice, transfer, amendment, or cancellation...

§ 11-5-105. Consideration - Consideration is not required to issue, amend, transfer, or cancel...

§ 11-5-106. Issuance, Amendment, Cancellation, and Duration - History. Code 1981, § 11-5-106 , enacted by Ga. L....

§ 11-5-107. Confirmer, Nominated Person, and Adviser - History. Code 1981, § 11-5-107 , enacted by Ga. L....

§ 11-5-108. Issuer’s Rights and Obligations - History. Code 1981, § 11-5-108 , enacted by Ga. L....

§ 11-5-109. Fraud and Forgery - History. Code 1981, § 11-5-109 , enacted by Ga. L....

§ 11-5-110. Warranties - History. Code 1981, § 11-5-110 , enacted by Ga. L....

§ 11-5-111. Remedies - History. Code 1981, § 11-5-111 , enacted by Ga. L....

§ 11-5-112. Transfer of Letter of Credit - History. Code 1981, § 11-5-112 , enacted by Ga. L....

§ 11-5-113. Transfer by Operation of Law - History. Code 1981, § 11-5-113 , enacted by Ga. L....

§ 11-5-114. Assignment of Proceeds - History. Code 1981, § 11-5-114 , enacted by Ga. L....

§ 11-5-115. Statute of Limitations - An action to enforce a right or obligation arising under...

§ 11-5-116. Choice of Law and Forum - the incorporated rules govern except to the extent of any...

§ 11-5-117. Subrogation of Issuer, Applicant, and Nominated Person - History. Code 1981, § 11-5-117 , enacted by Ga. L....

§ 11-5-118. Security Interest of Issuer or Nominated Person - History. Code 1981, § 11-5-118 , enacted by Ga. L....

Article 7 - Warehouse Receipts, Bills of Lading, and Other Documents of Title

Part 1 - General

§ 11-7-101. Short Title - This article shall be known and may be cited as...

§ 11-7-102. Definitions and Index of Definitions - History. Code 1933, § 109A-7-102, enacted by Ga. L. 1962,...

§ 11-7-103. Relation of Article to Treaty or Statute - History. Code 1933, § 109A-7-103, enacted by Ga. L. 1962,...

§ 11-7-104. Negotiable and Nonnegotiable Document of Title - History. Code 1933, § 109A-7-104, enacted by Ga. L. 1962,...

§ 11-7-105. Reissuance in Alternative Medium - History. Code 1933, § 109A-7-105, enacted by Ga. L. 1962,...

§ 11-7-106. Control of Electronic Document of Title - History. Code 1981, § 11-7-106 , enacted by Ga. L....

Part 2 - Warehouse Receipts: Special Provisions

§ 11-7-201. Person That May Issue a Warehouse Receipt; Storage Under Bond - History. Code 1933, § 109A-7-201, enacted by Ga. L. 1962,...

§ 11-7-202. Form of Warehouse Receipt; Effect of Omission - History. Code 1933, § 109A-7-202, enacted by Ga. L. 1962,...

§ 11-7-203. Liability for Nonreceipt or Misdescription - A party to or purchaser for value in good faith...

§ 11-7-204. Duty of Care; Contractual Limitation of Warehouse’s Liability - History. Code 1933, § 109A-7-204, enacted by Ga. L. 1962,...

§ 11-7-205. Title Under Warehouse Receipt Defeated in Certain Cases - A buyer in ordinary course of business of fungible goods...

§ 11-7-206. Termination of Storage at Warehouse’s Option - History. Code 1933, § 109A-7-206, enacted by Ga. L. 1962,...

§ 11-7-207. Goods Shall Be Kept Separate; Fungible Goods - History. Code 1933, § 109A-7-207, enacted by Ga. L. 1962,...

§ 11-7-208. Altered Warehouse Receipts - If a blank in a negotiable warehouse receipt has been...

§ 11-7-209. Lien of Warehouse - History. Code 1933, § 109A-7-209, enacted by Ga. L. 1962,...

§ 11-7-210. Enforcement of Warehouse’s Lien - History. Code 1933, § 109A-7-210, enacted by Ga. L. 1962,...

Part 3 - Bills of Lading: Special Provisions

§ 11-7-301. Liability for Nonreceipt or Misdescription; “Said to Contain”; “Shipper’s Weight, Load, and Count”; Improper Handling - History. Code 1933, § 109A-7-301, enacted by Ga. L. 1962,...

§ 11-7-302. Through Bills of Lading and Similar Documents of Title - History. Code 1933, § 109A-7-302, enacted by Ga. L. 1962,...

§ 11-7-303. Diversion; Reconsignment; Change of Instructions - History. Code 1933, § 109A-7-303, enacted by Ga. L. 1962,...

§ 11-7-304. Tangible Bills of Lading in a Set - History. Code 1933, § 109A-7-304, enacted by Ga. L. 1962,...

§ 11-7-305. Destination Bills - History. Code 1933, § 109A-7-305, enacted by Ga. L. 1962,...

§ 11-7-306. Altered Bills of Lading - An unauthorized alteration or filling in of a blank in...

§ 11-7-307. Lien of Carrier - History. Code 1933, § 109A-7-307, enacted by Ga. L. 1962,...

§ 11-7-308. Enforcement of Carrier’s Lien - History. Code 1933, § 109A-7-308, enacted by Ga. L. 1962,...

§ 11-7-309. Duty of Care; Contractual Limitation of Carrier’s Liability - History. Code 1933, § 109A-7-309, enacted by Ga. L. 1962,...

Part 4 - Warehouse Receipts and Bills of Lading: General Obligations

§ 11-7-401. Irregularities in Issue of Receipt or Bill or Conduct of Issuer - The obligations imposed by this article on an issuer apply...

§ 11-7-402. Duplicate Document of Title; Overissue - A duplicate or any other document of title purporting to...

§ 11-7-403. Obligation of Bailee to Deliver; Excuse - History. Code 1933, § 109A-7-403, enacted by Ga. L. 1962,...

§ 11-7-404. No Liability for Good-Faith Delivery Pursuant to Document of Title - A bailee that in good faith has received goods and...

Part 5 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer

§ 11-7-501. Form of Negotiation and Requirements of Due Negotiation - History. Code 1933, § 109A-7-501, enacted by Ga. L. 1962,...

§ 11-7-502. Rights Acquired by Due Negotiation - History. Code 1933, § 109A-7-502, enacted by Ga. L. 1962,...

§ 11-7-503. Document of Title to Goods Defeated in Certain Cases - History. Code 1933, § 109A-7-503, enacted by Ga. L. 1962,...

§ 11-7-504. Rights Acquired in the Absence of Due Negotiation; Effect of Diversion; Stoppage of Delivery - History. Code 1933, § 109A-7-504, enacted by Ga. L. 1962,...

§ 11-7-505. Indorser Not Guarantor for Other Parties - The indorsement of a tangible document of title issued by...

§ 11-7-506. Delivery Without Indorsement; Right to Compel Indorsement - The transferee of a negotiable tangible document of title has...

§ 11-7-507. Warranties on Negotiation or Delivery of Document of Title - If a person negotiates or delivers a document of title...

§ 11-7-508. Warranties of Collecting Bank as to Documents of Title - A collecting bank or other intermediary known to be entrusted...

§ 11-7-509. Adequate Compliance With Commercial Contract - Whether a document of title is adequate to fulfill the...

Part 6 - Warehouse Receipts and Bills of Lading: Miscellaneous Provisions

§ 11-7-601. Lost, Stolen, or Destroyed Documents of Title - History. Code 1933, § 109A-7-601, enacted by Ga. L. 1962,...

§ 11-7-602. Judicial Process Against Goods Covered by Negotiable Document of Title - Unless a document of title was originally issued upon delivery...

§ 11-7-603. Conflicting Claims; Interpleader - If more than one person claims title to or possession...

Article 8 - Investment Securities

Part 1 - Short Title and General Matters

§ 11-8-101. Short Title - This article shall be known and may be cited as...

§ 11-8-102. Definitions - As context requires, the term means either the interest itself...

§ 11-8-103. Rules for Determining Whether Certain Obligations and Interests Are Securities or Financial Assets - History. Code 1981, § 11-8-103 , enacted by Ga. L....

§ 11-8-104. Acquisition of Security or Financial Asset or Interest Therein - History. Code 1981, § 11-8-104 , enacted by Ga. L....

§ 11-8-105. Notice of Adverse Claim - History. Code 1981, § 11-8-105 , enacted by Ga. L....

§ 11-8-106. Control - History. Code 1981, § 11-8-106 , enacted by Ga. L....

§ 11-8-107. Whether Indorsement, Instruction, or Entitlement Order Is Effective - History. Code 1981, § 11-8-107 , enacted by Ga. L....

§ 11-8-108. Warranties in Direct Holding - History. Code 1981, § 11-8-108 , enacted by Ga. L....

§ 11-8-109. Warranties in Indirect Holding - History. Code 1981, § 11-8-109 , enacted by Ga. L....

§ 11-8-110. Applicability; Choice of Law - History. Code 1981, § 11-8-110 , enacted by Ga. L....

§ 11-8-111. Clearing Corporation Rules - A rule adopted by a clearing corporation governing rights and...

§ 11-8-112. Creditor’s Legal Process - History. Code 1981, § 11-8-112 , enacted by Ga. L....

§ 11-8-113. Statute of Frauds Inapplicable - A contract or modification of a contract for the sale...

§ 11-8-114. Evidentiary Rules Concerning Certificated Securities - The following rules apply in an action on a certificated...

§ 11-8-115. Securities Intermediary and Others Not Liable to Adverse Claimant - A securities intermediary that has transferred a financial asset pursuant...

§ 11-8-116. Securities Intermediary as Purchaser for Value - A securities intermediary that receives a financial asset and establishes...

Part 2 - Issue and Issuer

§ 11-8-201. Issuer - History. Code 1981, § 11-8-201 , enacted by Ga. L....

§ 11-8-202. Issuer’s Responsibility and Defenses; Notice of Defect or Defense - History. Code 1981, § 11-8-202 , enacted by Ga. L....

§ 11-8-203. Staleness as Notice of Defect or Defense - After an act or event, other than a call that...

§ 11-8-204. Effect of Issuer’s Restriction on Transfer - A restriction on transfer of a security imposed by the...

§ 11-8-205. Effect of Unauthorized Signature on Security Certificate - An unauthorized signature placed on a security certificate before or...

§ 11-8-206. Completion or Alteration of Security Certificate - History. Code 1981, § 11-8-206 , enacted by Ga. L....

§ 11-8-207. Rights and Duties of Issuer With Respect to Registered Owners - History. Code 1981, § 11-8-207 , enacted by Ga. L....

§ 11-8-208. Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent - History. Code 1981, § 11-8-208 , enacted by Ga. L....

§ 11-8-209. Issuer’s Lien - A lien in favor of an issuer upon a certificated...

§ 11-8-210. Overissue - History. Code 1981, § 11-8-210 , enacted by Ga. L....

Part 3 - Transfer of Certificated and Uncertificated Securities

§ 11-8-301. Delivery - History. Code 1981, § 11-8-301 , enacted by Ga. L....

§ 11-8-302. Rights of Purchaser - History. Code 1981, § 11-8-302 , enacted by Ga. L....

§ 11-8-303. Protected Purchaser - History. Code 1981, § 11-8-303 , enacted by Ga. L....

§ 11-8-304. Indorsement - History. Code 1981, § 11-8-304 , enacted by Ga. L....

§ 11-8-305. Instruction - History. Code 1981, § 11-8-305 , enacted by Ga. L....

§ 11-8-306. Effect of Guaranteeing Signature, Indorsement, or Instruction - History. Code 1981, § 11-8-306 , enacted by Ga. L....

§ 11-8-307. Purchaser’s Right to Requisites for Registration of Transfer - Unless otherwise agreed, the transferor of a security on due...

Part 4 - Registration

§ 11-8-401. Duty of Issuer to Register Transfer - History. Code 1981, § 11-8-401 , enacted by Ga. L....

§ 11-8-402. Assurance That Indorsement or Instruction Is Effective - History. Code 1981, § 11-8-402 , enacted by Ga. L....

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Georgia Code Title 11 - Commercial Code

Georgia Code
Title 11 - Commercial Code