lawskills
Loading
Did you know you can download our entire database for free?


Resources
[more] 

Georgia Caselaw:
Browse
Greatest Hits

Georgia Code: Browse

(external) Findlaw Georgia Law Resources


This site exists because of donors like you.

Thanks!


Georgia State Code
Title      11
Chapter       9  
Section Navigation   101 ... 110         111 ... 209   
   210 ... 309       310 ... 319   
   320 ... 328       329 ... 338   
   339 ... 406       407 ... 507   
   508 ... 517       518 ... 601   
   602 ... 611       612 ... 621   
   622 ... 703       704 ... 710     
Section<<< 111 201 202 203 204 205 206 207 208 209 >>>  
Title 11, Chapter 9, Section 204 (11-9-204)
After acquired property; future advances.

(a) After acquired collateral. Except as otherwise provided in subsection (b) of this Code section, a security agreement may create or provide for a security interest in after acquired collateral.

(b) When after acquired property clause not effective. A security interest does not attach under a term constituting an after acquired property clause to:

(1) Consumer goods, other than an accession when given as additional security, unless the debtor acquires rights in them within ten days after the secured party gives value; or

(2) A commercial tort claim.

(c) Future advances and other value. A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment.

Saturday May 23 18:57 EDT


This site exists because of donors like you.

Thanks!


Valid HTML 4.0!

Valid CSS!





Home - Tour - Disclaimer - Privacy - Contact Us
Copyright © 2000,2002,2004 Lawskills.com