Compulsory Election of Remedy Least Likely to Jeopardize Rights of Other Creditors

  1. Law
  2. Georgia Code
  3. Debtor and Creditor
  4. Debtor and Creditor Relations
  5. General Provisions
  6. Compulsory Election of Remedy Least Likely to Jeopardize Rights of Other Creditors

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As among themselves, creditors shall so prosecute their own rights as not to jeopardize unnecessarily the rights of others; hence, a creditor having a lien on two funds of the debtor, equally accessible to him, will be compelled to pursue the one on which other creditors have no lien.

(Orig. Code 1863, § 1951; Code 1868, § 1939; Code 1873, § 1949; Code 1882, § 1949; Civil Code 1895, § 2691; Civil Code 1910, § 3220; Code 1933, § 28-106.)


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