Georgia § 53-7-44 - Satisfaction of debts.
Full text of Georgia Official Code of Georgia Annotated § 53-7-44 — Satisfaction of debts., with citation guidance and answers to common questions.
§ 53-7-44. Satisfaction of debts.
Except as otherwise provided by the will, any debt not due by its terms at the time for payment of debts of equal priority shall be satisfied and the estate shall be discharged with respect to such debt in such manner as the personal representative deems to be in the best interest of the estate in accordance with the following rules: The debt may be prepaid in accordance with the terms of any right to prepay; By agreement with the creditor, the debt may be satisfied before it is due by the payment of an amount representing the agreed present value of the debt; By agreement with the creditor, the debt may be assumed by one or more heirs or beneficiaries or by any other person; and By agreement with the creditor, or by order of the probate court after notice to the creditor and a hearing, arrangement for future payment may be made by creating a trust, giving a deed to secure debt or security interest, obtaining a bond or other security from one or more heirs or beneficiaries, or otherwise. (Code 1981, § 53-7-44 , enacted by Ga. L. 1996, p. 504, § 10.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 53-7-44
What does Official Code of Georgia Annotated § 53-7-44 cover?
Section 53-7-44 ("Satisfaction of debts.") 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 § 53-7-44?
A common citation format is "Official Code of Georgia Annotated § 53-7-44" (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 § 53-7-44 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.