Statutes > Georgia Statutes > TITLE 44 - PROPERTY > CHAPTER 14 - MORTGAGES, CONVEYANCES TO SECURE DEBT, AND LIENS > ARTICLE 3 - CONVEYANCES TO SECURE DEBT AND BILLS OF SALE > PART 2 - REVERSION > § 44-14-81 - When power of sale barred

§ 44-14-81 - When power of sale barred

O.C.G.A. 44-14-81 (2010)
44-14-81. When power of sale barred


Powers of sale in the conveyances of real property to secure debt shall not be exercised after an action to foreclose the instrument is barred. A sale or conveyance under power in such instrument after an action to foreclose the instrument is barred shall be absolutely void and not merely voidable.