SB 139 - Property; determining when an instrument of conveyance shall be held to be an equitable mortgage

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Committees

Current Status

02/11/09 - Senate Read and Referred

First Reader Summary

A BILL to be entitled an Act to amend Code Section 44-14-32 of the Official Code of Georgia Annotated, relating to the use of parol evidence to prove an apparent deed is a mortgage, so as to delineate the factors to be considered in determining when an instrument of conveyance shall be held to be an equitable mortgage; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Status History

Bill History
DateAction
02/11/2009Senate Read and Referred