reglab/housing_qa huggingface dataset:
GA Code § 11-9-621 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 6 - Default|§ 11-9-621. Notification of Proposal to Accept Collateral

  Persons to which proposal to be sent. A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to:   Any person from which the secured party has received, before the debtor consented to the acceptance, an authenticated notification of a claim of an interest in the collateral;   Any other secured party or lienholder that, ten days before the debtor consented to the acceptance, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:   Identified the collateral;   Was indexed under the debtor's name as of that date; and   Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date; and     Any other secured party that, ten days before the debtor consented to the acceptance, held a security interest in the collateral perfected by compliance with a statute, regulation, or treaty described in subsection (a) of Code Section 11-9-311.     Proposal to be sent to secondary obligor in partial satisfaction. A secured party that desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in subsection (a) of this Code section.     (Code 1981, §11-9-621, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-621.
GA Code § 11-9-622 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 6 - Default|§ 11-9-622. Effect of Acceptance of Collateral

  Effect of acceptance. A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:   Discharges the obligation to the extent consented to by the debtor;   Transfers to the secured party all of a debtor's rights in the collateral;   Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and   Terminates any other subordinate interest.     Discharge of subordinate interest notwithstanding noncompliance. A subordinate interest is discharged or terminated under subsection (a) of this Code section, even if the secured party fails to comply with this article.     (Code 1981, §11-9-622, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 704-729, 758.   C.J.S.   - 72 C.J.S., Pledges, §§ 49, 50.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-622.   ALR.   - Construction and operation of UCC § 9-505(2) authorizing secured party in possession of collateral to retain it in satisfaction of obligation, 55 A.L.R.3d 651.   Uniform Commercial Code: failure of secured creditor to give required notice of disposition of collateral as bar to deficiency judgment, 59 A.L.R.3d 401.
GA Code § 11-9-623 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 6 - Default|§ 11-9-623. Right to Redeem Collateral

  Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.   Requirements for redemption. To redeem collateral, a person shall tender:   Fulfillment of all obligations secured by the collateral; and   The reasonable expenses and attorney's fees described in paragraph (1) of subsection (a) of Code Section 11-9-615.     When redemption may occur. A redemption may occur at any time before a secured party:   Has collected collateral under Code Section 11-9-607;   Has disposed of collateral or entered into a contract for its disposition under Code Section 11-9-610; or   Has accepted collateral in full or partial satisfaction of the obligation it secures under Code Section 11-9-622.       (Code 1981, §11-9-623, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 68A Am. Jur. 2d, Secured Transactions, §§ 564-571.   C.J.S.   - 72 C.J.S., Pledges, §§ 47, 48.   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-623.   ALR.    - Validity of agreement clogging equity of redemption from mortgage or pledge of personal property, 24 A.L.R. 822.    Jurisdiction of court of state other than that in which property is located to redeem from or enforce a chattel mortgage or debt secured thereby, 69 A.L.R. 622.    Doctrine of equitable conversion as affecting right of redemption from execution or judicial sale, 138 A.L.R. 1296.    Payment or discharge of principal obligation as affecting right of the pledgee to sue or continue pending suit against the maker of the collateral pledged, or judgment previously recovered on the collateral obligations, 157 A.L.R. 261.   Redemption rights of mortgager making timely tender but of inadequate amount because of officer's mistake, 52 A.L.R.2d 1327.
GA Code § 11-9-624 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 6 - Default|§ 11-9-624. Waiver

  Waiver of disposition notification. A debtor or secondary obligor may waive the right to notification of disposition of collateral under Code Section 11-9-611 only by an agreement to that effect entered into and authenticated after default.   Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under subsection (e) of Code Section 11-9-620 only by an agreement to that effect entered into and authenticated after default.   Waiver of redemption right. Except in a consumer goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under Code Section 11-9-623 only by an agreement to that effect entered into and authenticated after default.     (Code 1981, §11-9-624, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-624.    PART 2  NONCOMPLIANCE WITH ARTICLE
GA Code § 11-9-628 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 6 - Default|§ 11-9-628. Nonliability and Limitation on Liability of Secured Party; Liability of Secondary Obligor

  Limitation of liability of secured party for noncompliance with article. Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:   The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this article; and   The secured party's failure to comply with this article does not affect the liability of the person for a deficiency.     Limitation of liability based on status as secured party. A secured party is not liable because of its status as secured party:   To a person that is a debtor or obligor, unless the secured party knows:   That the person is a debtor or obligor;   The identity of the person; and   How to communicate with the person; or     To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:   That the person is a debtor; and   The identity of the person.       Limitation of liability if reasonable belief that transaction not a consumer goods transaction or consumer transaction. A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:   A debtor's representation concerning the purpose for which collateral was to be used, acquired, or held; or   An obligor's representation concerning the purpose for which a secured obligation was incurred.     Limitation of liability for statutory damages. A secured party is not liable to any person under paragraph (2) of subsection (c) of Code Section 11-9-625 for its failure to comply with Code Section 11-9-616.   Limitation of multiple liability for statutory damages. A secured party is not liable under paragraph (2) of subsection (c) of Code Section 11-9-625 more than once with respect to any one secured obligation.     (Code 1981, §11-9-628, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-628.
GA Code § 11-9-701 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-701. Effective Date

 This article takes effect on July 1, 2001.    (Code 1981, §11-9-701, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-701.
GA Code § 11-9-702 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-702. Savings Clause

  Pre-effective date transactions or liens. Except as otherwise provided in this part, this article applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2001.   Continuing validity. Except as otherwise provided in subsection (c) of this Code section and Code Sections 11-9-703 through 11-9-709:   Transactions and liens that were not governed by former Article 9 of this title, were validly entered into or created before July 1, 2001, and would be subject to this article if they had been entered into or created on or after July 1, 2001, and the rights, duties, and interests flowing from those transactions and liens remain valid on or after July 1, 2001; and   The transactions and liens may be terminated, completed, consummated, and enforced as required or permitted by this article or by the law, as amended and in effect from time to time, that otherwise would apply before July 1, 2001.     Pre-effective date proceedings. This article and amendments to other Code sections which amendments were enacted in conjunction with this article do not affect an action, case, or proceeding commenced before July 1, 2001.     (Code 1981, §11-9-702, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-702.
GA Code § 11-9-703 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-703. Security Interest Perfected Before Effective Date

  Continuing priority over lien creditor; perfection requirements satisfied. A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under this article if, on July 1, 2001, the applicable requirements for enforceability and perfection under this article are satisfied without further action.   Continuing priority over lien creditor; perfection requirements not satisfied. Except as otherwise provided in Code Section 11-9-705, if, immediately before July 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under this article are not satisfied on July 1, 2001, the security interest:   Is a perfected security interest on and for one year after July 1, 2001;   Remains enforceable thereafter only if the security interest becomes enforceable under Code Section 11-9-203 before the year expires; and   Remains perfected thereafter only if the applicable requirements for perfection under this article are satisfied before the year expires.       (Code 1981, §11-9-703, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-703.
GA Code § 11-9-704 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-704. Security Interest Unperfected Before Effective Date

 A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:    Remains an enforceable security interest on and for one year after July 1, 2001;   Remains enforceable thereafter if the security interest becomes enforceable under Code Section 11-9-203 on July 1, 2001, or within one year thereafter; and   Becomes perfected:   Without further action, on July 1, 2001, if the applicable requirements for perfection under this article are satisfied before or at that time; or   When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.       (Code 1981, §11-9-704, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-704.
GA Code § 11-9-706 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-706. When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement

  Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in Code Section 11-9-501 continues the effectiveness of a financing statement filed before July 1, 2001, if:   The filing of an initial financing statement in that office would be effective to perfect a security interest under this article;   The pre-effective date financing statement was filed in an office in another state or another office in this state; and   The initial financing statement satisfies subsection (c) of this Code section.     Period of continued effectiveness. The filing of an initial financing statement under subsection (a) of this Code section continues the effectiveness of the pre-effective date financing statement:   If the initial financing statement is filed before July 1, 2001, for the period provided in former Code Section 11-9-403 with respect to a financing statement; and   If the initial financing statement is filed on or after July 1, 2001, for the period provided in Code Section 11-9-515 with respect to an initial financing statement.     Requirements for initial financing statement under subsection (a) of this Code section. To be effective for purposes of subsection (a), an initial financing statement must:   Satisfy the requirements of Part 5 of this article for an initial financing statement;   Identify the pre-effective date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and   Indicate that the pre-effective date financing statement remains effective.       (Code 1981, §11-9-706, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-706.
GA Code § 11-9-707 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-707. Amendment of Pre-Effective Date Financing Statement

  "Pre-effective date financing statement." In this Code section, "pre-effective date financing statement" means a financing statement filed before July 1, 2001.   Applicable law. On or after July 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in a pre-effective date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Part 3 of this article. However, the effectiveness of a pre-effective date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.   Method of amending: general rule. Except as otherwise provided in subsection (d) of this Code section, if the law of this state governs perfection of a security interest, the information in a pre-effective date financing statement may be amended on or after July 1, 2001, only if:   The pre-effective date financing statement and an amendment are filed in the office specified in Code Section 11-9-501;   An amendment is filed in the office specified in Code Section 11-9-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies subsection (c) of Code Section 11-9-706; or   An initial financing statement that provides the information as amended and satisfies subsection (c) of Code Section 11-9-706 is filed in the office specified in Code Section 11-9-501.     Method of amending: continuation. If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective date financing statement may be continued only under subsections (d) and (f) of Code Section 11-9-705 or Code Section 11-9-706.   Method of amending: additional termination rule. Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective date financing statement filed in this state may be terminated on and after July 1, 2001, by filing a termination statement in the office in which the pre-effective date financing statement is filed, unless an initial financing statement that satisfies subsection (c) of Code Section 11-9-706 has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Part 3 of this article as the office in which to file a financing statement.     (Code 1981, §11-9-707, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-707.
GA Code § 11-9-708 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-708. Persons Entitled to File Initial Financing Statement or Continuation Statement

 A person may file an initial financing statement or a continuation statement under this part if:    The secured party of record authorizes the filing; and   The filing is necessary under this part:   To continue the effectiveness of a financing statement filed before July 1, 2001; or   To perfect or continue the perfection of a security interest.       (Code 1981, §11-9-708, enacted by Ga. L. 2001, p. 362, § 1.)   RESEARCH REFERENCES   U.L.A.   - Uniform Commercial Code (U.L.A.) § 9-708.
GA Code § 11-9-709 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-709. Priority

  Law governing priority. This article determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, former Article 9 of this title determines priority.   Priority if security interest becomes enforceable under Code Section 11-9-203. For purposes of subsection (a) of Code Section 11-9-322, the priority of a security interest that becomes enforceable under Code Section 11-9-203 dates from July 1, 2001, if the security interest is perfected under this article by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under former Article 9 of this title. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.     (Code 1981, §11-9-709, enacted by Ga. L. 2001, p. 362, § 1.)
GA Code § 11-9-710 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 7 - 2001 Transition|§ 11-9-710. Exculpation

 From July 1, 2001, until July 1, 2006, any search company shall not be liable to its customer as a result of failing to disclose the existence of a filed financing statement in any filing office or index maintained by the authority searched in good faith by such search company to the extent such failure is attributable either to the failure of such filing office or the authority, as the case may be, to have properly indexed such filed financing statement or to the failure of the search logic used by such filing office or the authority, as the case may be, to disclose such filed financing statement in response to a search in the appropriate records of such filing office or of such index in the name provided to such search company by its customer. As used in this Code section, "search company" shall mean any person engaged in the business of conducting or arranging searches of public records of filed financing statements. On and after July 1, 2006, the liability of a search company shall be determined by law other than this article.    (Code 1981, §11-9-710, enacted by Ga. L. 2001, p. 362, § 1.)
GA Code § 11-9-802 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 8 - 2013 Transition|§ 11-9-802. Savings Clause

  Pre-effective date transactions or liens. Except as otherwise provided in this part, this article, as in effect on July 1, 2013, applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013.   Pre-effective date proceedings. This article, as in effect on July 1, 2013, does not affect an action, case, or proceeding commenced before July 1, 2013.     (Code 1981, §11-9-802, enacted by Ga. L. 2013, p. 690, § 20/SB 185.)
GA Code § 11-9-803 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 8 - 2013 Transition|§ 11-9-803. Security Interest Perfected Before Effective Date

  Continuing perfection; perfection requirements satisfied. A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under this article, as in effect on July 1, 2013, if, on July 1, 2013, the applicable requirements for attachment and perfection under this article, as in effect on July 1, 2013, are satisfied without further action.   Continuing perfection; perfection requirements not satisfied. Except as otherwise provided in Code Section 11-9-805, if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under this article, as in effect on July 1, 2013, are not satisfied on July 1, 2013, the security interest remains perfected thereafter only if the applicable requirements for perfection under this article, as in effect on July 1, 2013, are satisfied before July 1, 2014.     (Code 1981, §11-9-803, enacted by Ga. L. 2013, p. 690, § 20/SB 185.)
GA Code § 11-9-804 (2021)
2021 Georgia Code|Title 11 - Commercial Code|Article 9 - Secured Transactions|Part 8 - 2013 Transition|§ 11-9-804. Security Interest Unperfected Before Effective Date

 A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:    Without further action, on July 1, 2013, if the applicable requirements for perfection under this article, as in effect on July 1, 2013, are satisfied before or at that time; or   When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.     (Code 1981, §11-9-804, enacted by Ga. L. 2013, p. 690, § 20/SB 185.)