reglab/housing_qa huggingface dataset:
GA Code § 11-9-401 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 4 - Rights of Third Parties|§ 11-9-401. Alienability of Debtor's Rights

  Other law governs alienability; exceptions. Except as otherwise provided in subsection (b) of this Code section and Code Sections 11-9-406, 11-9-407, 11-9-408, and 11-9-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.   Agreement does not prevent transfer. An agreement between the debtor and secured party which prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.     (Code 1981, §11-9-401, enacted by Ga. L. 2001, p. 362, § 1.)   Law reviews.   - For note discussing procedures required to effect a levy of execution, see 12 Ga. L. Rev. 814 (1978).   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 121, 122, 269, 510, 550, 553.   C.J.S.   - 72 C.J.S., Pledges, § 43.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-401.   ALR.    - Rights of pledgor of collateral note as affected by its transfer by the pledgee to the maker, 99 A.L.R. 26.   Uniform Commercial Code: Burden of proof as to commercially reasonable disposition of collateral, 59 A.L.R.3d 369.   Construction and effect of UCC § 9-311 giving debtor right to transfer his interest in collateral, 45 A.L.R.4th 411.
GA Code § 11-9-402 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 4 - Rights of Third Parties|§ 11-9-402. Secured Party Not Obligated on Contract of Debtor or in Tort

 The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.    (Code 1981, §11-9-402, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 510, 554, 926-930.   C.J.S.   - 77A C.J.S., Sales, § 291.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-402.
GA Code § 11-9-405 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 4 - Rights of Third Parties|§ 11-9-405. Modification of Assigned Contract

  Effect of modification on assignee. A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights under the modified or substituted contract. The assignment may provide that the modification or substitution is a breach of contract by the assignor. This subsection is subject to subsections (b) through (d) of this Code section.   Applicability of subsection (a) of this Code section. Subsection (a) of this Code section applies to the extent that:   The right to payment or a part thereof under an assigned contract has not been fully earned by performance; or   The right to payment or a part thereof has been fully earned by performance and the account debtor has not received notification of the assignment under subsection (a) of Code Section 11-9-406.     Rule for individual under other law. This Code section is subject to law other than this article which establishes a different rule for an account debtor who is an individual and who incurred the obligation primarily for personal, family, or household purposes.   Inapplicability to health care insurance receivable. This Code section does not apply to an assignment of a health care insurance receivable.     (Code 1981, §11-9-405, enacted by Ga. L. 2001, p. 362, § 1.)   Law reviews.   - For article, "The Good Faith Purchase Idea and the Uniform Commercial Code," see 15 Ga. L. Rev. 605 (1981).   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 39-53, 539-554, 796-800.   C.J.S.   - 6A C.J.S., Assignments, §§ 65, 66, 99. 72 C.J.S., Pledges, § 41.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-405.   ALR.    - Payment of judgment by debtor without notice of its assignment, 32 A.L.R. 1021.   Waiver or estoppel with respect to debtor's assertion, as to setoff or counterclaim against assignee, of claim valid as against assignor, 51 A.L.R.2d 886.
GA Code § 11-9-407 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 4 - Rights of Third Parties|§ 11-9-407. Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest

  Term restricting assignment generally ineffective. Except as otherwise provided in subsection (b) of this Code section, a term in a lease agreement is ineffective to the extent that it:   Prohibits, restricts, or requires the consent of a party to the lease to the assignment, transfer, creation, attachment, perfection, or enforcement of a security interest in an interest of a party under the lease contract or in the lessor's residual interest in the goods; or   Provides that the assignment, transfer, creation, attachment, perfection, or enforcement of the security interest may give rise to a default, breach, right of recoupment, claim, defense, termination, right of termination, or remedy under the lease.     Effectiveness of certain terms. Except as otherwise provided in subsection (7) of Code Section 11-2A-303, a term described in paragraph (2) of subsection (a) of this Code section is effective to the extent that there is:   A transfer by the lessee of the lessee's right of possession or use of the goods in violation of the term; or   A delegation of a material performance of either party to the lease contract in violation of the term.     Security interest not material impairment. The creation, attachment, perfection, or enforcement of a security interest in the lessor's interest under the lease contract or the lessor's residual interest in the goods is not a transfer that materially impairs the lessee's prospect of obtaining return performance or materially changes the duty of or materially increases the burden or risk imposed on the lessee within the purview of subsection (4) of Code Section 11-2A-303 unless, and then only to the extent that, enforcement actually results in a delegation of material performance of the lessor.     (Code 1981, §11-9-407, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-407.
GA Code § 11-9-409 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 4 - Rights of Third Parties|§ 11-9-409. Restrictions on Assignment of Letter of Credit Rights Ineffective

  Term or law restricting assignment generally ineffective. A term in a letter of credit or a rule of law, statute, regulation, custom, or practice applicable to the letter of credit which prohibits, restricts, or requires the consent of an applicant, issuer, or nominated person to a beneficiary's assignment of or creation of a security interest in a letter of credit right is ineffective to the extent that the term or rule of law, statute, regulation, custom, or practice:   Would impair the creation, attachment, or perfection of a security interest in the letter of credit right; or   Provides that the assignment, transfer, creation, attachment, or perfection of the security interest may give rise to a default, breach, right of recoupment, claim, defense, termination, right of termination, or remedy under the letter of credit right.     Limitation on ineffectiveness under subsection (a) of this Code section. To the extent that a term in a letter of credit is ineffective under subsection (a) of this Code section but would be effective under law other than this article or a custom or practice applicable to the letter of credit, to the transfer of a right to draw or otherwise demand performance under the letter of credit, or to the assignment of a right to proceeds of the letter of credit, the creation, attachment, or perfection of a security interest in the letter of credit right:   Is not enforceable against the applicant, issuer, nominated person, or transferee beneficiary;   Imposes no duties or obligations on the applicant, issuer, nominated person, or transferee beneficiary; and   Does not require the applicant, issuer, nominated person, or transferee beneficiary to recognize the security interest, pay or render performance to the secured party, or accept payment or other performance from the secured party.       (Code 1981, §11-9-409, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-409.
GA Code § 11-9-505 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-505. Filing and Compliance With Other Statutes and Treaties for Consignments, Leases, Other Bailments, and Other Transactions

  Use of terms other than "debtor" and "secured party." A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in subsection (a) of Code Section 11-9-311, using the terms "consignor," "consignee," "lessor," "lessee," "bailor," "bailee," "licensor," "licensee," "owner," "registered owner," "buyer," "seller," or words of similar import, instead of the terms "secured party" and "debtor".   Effect of financing statement under subsection (a) of this Code section. This part applies to the filing of a financing statement under subsection (a) of this Code section and, as appropriate, to compliance that is equivalent to filing a financing statement under subsection (b) of Code Section 11-9-311, but the filing or compliance is not of itself a factor in determining whether the collateral secures an obligation. If it is determined for another reason that the collateral secures an obligation, a security interest held by the consignor, lessor, bailor, licensor, owner, or buyer which attaches to the collateral is perfected by the filing or compliance.     (Code 1981, §11-9-505, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-505.
GA Code § 11-9-507 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-507. Effect of Certain Events on Effectiveness of Financing Statement

  Disposition. A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed, or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition.   Information becoming seriously misleading. Except as otherwise provided in subsection (c) of this Code section and Code Section 11-9-508, a financing statement is not rendered ineffective if, after the financing statement is filed, the information provided in the financing statement becomes seriously misleading under Code Section 11-9-506.   Change in debtor's name. If the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under subsection (a) of Code Section 11-9-503 so that the financing statement becomes seriously misleading under Code Section 11-9-506:   The financing statement is effective to perfect a security interest in collateral acquired by the debtor before, or within four months after, the filed financing statement becomes seriously misleading; and   The financing statement is not effective to perfect a security interest in collateral acquired by the debtor more than four months after the filed financing statement becomes seriously misleading, unless an amendment to the financing statement which renders the financing statement not seriously misleading is filed within four months after the financing statement became seriously misleading.       (Code 1981, §11-9-507, enacted by Ga. L. 2001, p. 362, § 1; Ga. L. 2013, p. 690, § 12/SB 185.)    The 2013 amendment,  effective July 1, 2013, in subsection (c), substituted "the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under subsection (a) of Code Section 11-9-503 so that the" for "a debtor so changes its name that a filed" at the beginning of the introductory language; substituted "filed financing statement becomes seriously misleading" for "change" in paragraphs (c)(1) and (c)(2); and substituted "financing statement became seriously misleading" for "change" at the end of paragraph (c)(2).   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-507.
GA Code § 11-9-508 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-508. Effectiveness of Financing Statement if New Debtor Becomes Bound by Security Agreement

  Financing statement naming original debtor. Except as otherwise provided in this Code section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor acquired rights in the collateral.   Financing statement becoming seriously misleading. If the difference between the name of the original debtor and that of the new debtor causes a filed financing statement that is effective under subsection (a) of this Code section to be seriously misleading under Code Section 11-9-506:   The financing statement is effective to perfect a security interest in collateral acquired by the new debtor before, and within four months after, the new debtor becomes bound under subsection (d) of Code Section 11-9-203; and   The financing statement is not effective to perfect a security interest in collateral acquired by the new debtor more than four months after the new debtor becomes bound under subsection (d) of Code Section 11-9-203 unless an initial financing statement providing the name of the new debtor is filed before the expiration of that time.     When Code section not applicable. This Code section does not apply to collateral as to which a filed financing statement remains effective against the new debtor under subsection (a) of Code Section 11-9-507.     (Code 1981, §11-9-508, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-508.
GA Code § 11-9-509 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-509. Persons Entitled to File a Record

  Person entitled to file record. A person may file an initial financing statement, amendment that adds collateral covered by a financing statement, or amendment that adds a debtor to a financing statement only if:   The debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c) of this Code section; or   The person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien.     Security agreement as authorization. By authenticating or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:   The collateral described in the security agreement; and   Property that becomes collateral under paragraph (2) of subsection (a) of Code Section 11-9-315, whether or not the security agreement expressly covers proceeds.     Acquisition of collateral as authorization. By acquiring collateral in which a security interest or agricultural lien continues under paragraph (1) of subsection (a) of Code Section 11-9-315, a debtor authorizes the filing of an initial financing statement, and an amendment, covering the collateral and property that becomes collateral under paragraph (2) of subsection (a) of Code Section 11-9-315.   Person entitled to file certain amendments. A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:   The secured party of record authorizes the filing; or   The amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by subsection (a) or (c) of Code Section 11-9-513, the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed.     Multiple secured parties of record. If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under subsection (d) of this Code section.     (Code 1981, §11-9-509, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-509.
GA Code § 11-9-511 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-511. Secured Party of Record

  Secured party of record. A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under subsection (a) of Code Section 11-9-514, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.   Amendment naming secured party of record. If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under subsection (b) of Code Section 11-9-514, the assignee named in the amendment is a secured party of record.   Amendment deleting secured party of record. A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.     (Code 1981, §11-9-511, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 310-314, 318, 405-419.   C.J.S.   - 76 C.J.S., Records, § 4.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-511.   ALR.   - Coverage of "nonrecording" or "nonfiling" insurance against loss from failure to record chattel mortgage, conditional sale, or other security instrument, 51 A.L.R.2d 325.   Effectiveness of original financing statement under UCC Article 9 after change in debtor's name, identity, or business structure, 99 A.L.R.3d 1194.
GA Code § 11-9-512 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-512. Amendment of Financing Statement

  Amendment of information in financing statement. Subject to Code Section 11-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e) of this Code section, otherwise amend the information provided in a financing statement by filing an amendment that:   Identifies, by its file number, the initial financing statement to which the amendment relates; and   If the amendment relates to an initial financing statement filed or recorded in a filing office described in paragraph (1) of subsection (a) of Code Section 11-9-501, provides the information specified in subsection (b) of Code Section 11-9-502.     Period of effectiveness not affected. Except as otherwise provided in Code Section 11-9-515, the filing of an amendment does not extend the period of effectiveness of the financing statement.   Effectiveness of amendment adding collateral. A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.   Effectiveness of amendment adding debtor. A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment.   Certain amendments ineffective. An amendment is ineffective to the extent it:   Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or   Purports to delete all secured parties of record and fails to provide the name of a new secured party of record.       (Code 1981, §11-9-512, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-512.
GA Code § 11-9-514 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-514. Assignment of Powers of Secured Party of Record

  Assignment reflected on initial financing statement. An initial financing statement may reflect an assignment of all of the secured party's power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party.   Assignment of filed financing statement. A secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement which:   Identifies, by its file number, the initial financing statement to which it relates;   Provides the name of the assignor; and   Provides the name and mailing address of the assignee.       (Code 1981, §11-9-514, enacted by Ga. L. 2001, p. 362, § 1.)   Law reviews.   - For article on the 1963 amendment to the Georgia Uniform Commercial Code, see 14 Mercer L. Rev. 378 (1963). For article, "Security Transfers by Secured Parties," see 4 Ga. L. Rev. 527 (1970).   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 283, 284, 420, 462.   C.J.S.   - 72 C.J.S., Pledges, §§ 41-44.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-514.   ALR.    - Validity of assignment of future book accounts, 72 A.L.R. 856.    Recording laws as applied to assignments of mortgages on real estate, 104 A.L.R. 1301.    Assignability of contemplated debt before execution of agreement by which it is to be created, 116 A.L.R. 955.    Federal government or agencies of federal government as subject to payment of tax or fee imposed upon, or for, recording or filing instrument, 124 A.L.R. 1267.
GA Code § 11-9-517 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 5 - Filing|§ 11-9-517. Effect of Indexing Errors

 The failure of the filing office or authority to index a record correctly does not affect the effectiveness of the filed record.    (Code 1981, §11-9-517, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-517.