Georgia § 44-14-45 - Forthcoming bond by purchaser of mortgaged personalty; affidavit of mortgagee.
Full text of Georgia Official Code of Georgia Annotated § 44-14-45 — Forthcoming bond by purchaser of mortgaged personalty; affidavit of mortgagee., with citation guidance and answers to common questions.
§ 44-14-45. Forthcoming bond by purchaser of mortgaged personalty; affidavit of mortgagee.
Purchasers at public sales of personal property subject to the lien of a mortgage shall give bond and security in double the value of the property to the officer making the sale and conditioned not to remove the property from the state and for its forthcoming answer to the lien; provided, however, that prior to the sale the mortgagee or his or her agent shall file with the officer an affidavit stating the amount due on the mortgage and that he or she expects the loss of the property unless the bond is taken. On failure to give the bond, the property shall be resold at the risk of the purchaser. (Laws 1830, Cobb's 1851 Digest, p. 513; Code 1863, § 1970; Code 1868, § 1958; Code 1873, § 1968; Code 1882, § 1968; Civil Code 1895, § 2742; Civil Code 1910, § 3275; Code 1933, § 67-119; Ga. L. 2002, p. 415, § 44.) The 2002 amendment, effective April 18, 2002, part of an Act to revise, modernize, and correct the Code, deleted "to" following "forthcoming" and inserted "or her" and "or she".
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 44-14-45
What does Official Code of Georgia Annotated § 44-14-45 cover?
Section 44-14-45 ("Forthcoming bond by purchaser of mortgaged personalty; affidavit of mortgagee.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 44-14-45?
A common citation format is "Official Code of Georgia Annotated § 44-14-45" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 44-14-45 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.