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Section 18-2-52 - Providing and filing of bond by assignee; amount of bond — Georgia Law | CourtGPT
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  4. Title 18 - Debtor and Creditor/
  5. Chapter 2 - Debtor and Creditor Relations (§§ 18-2-1 — 18-2-85)/
  6. Article 3 - Preferences and Assignments for Benefit of Creditors/
  7. Section 18-2-52 - Providing and filing of bond by assignee; amount of bond
Georgia Legal Code

Section 18-2-52 - Providing and filing of bond by assignee; amount of bond

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Upon the request of any three of the creditors of the assignor, the assignee shall make and file a bond with surety, in a sum to be fixed by the judge of the superior court, conditioned for the faithful performance of his trust, which bond shall be made payable to the judge of the probate court of the county and his successors in office, for the benefit of all creditors of the assignor. In no case shall the bond be less than the estimated value of the property assigned.

Upon the request of any three of the creditors of the assignor, the assignee shall make and file a bond with surety, in a sum to be fixed by the judge of the superior court, conditioned for the faithful performance of his trust, which bond shall be made payable to the judge of the probate court of the county and his successors in office, for the benefit of all creditors of the assignor. In no case shall the bond be less than the estimated value of the property assigned.