The assignee shall succeed to all rights of the assignor but may attack and set aside any fraudulent conveyances or recover property conveyed by the assignor for the purpose of hindering, delaying, or defrauding creditors.
(Ga. L. 1894, p. 90, § 12; Civil Code 1895, § 2709; Civil Code 1910, § 3242; Code 1933, § 28-313.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 6 Am. Jur. 2d, Assignments for Benefit of Creditors, § 90 et seq.
C.J.S.- 21 C.J.S., Creditor and Debtor, § 14, 50 et seq.
ALR.
- The fact that parties to a conveyance in fraud of creditors are not in pari delicto as affecting the right of the party guilty of fraud to relief, 7 A.L.R. 150.
Conveyance in consideration of future support as fraudulent against creditors, 23 A.L.R. 584.
Preference in event of debtor's insolvency in respect of funds designated or set apart by him for payment of specified obligations, 32 A.L.R. 950.
Absolute conveyance or transfer with secret reservation as fraudulent per se as against creditors, 68 A.L.R. 306.
Assignees for creditors as within protection of statute requiring filing or recording of conditional-sale contract or chattel mortgage, 71 A.L.R. 981.