18 GCA § 36106: Transfer Defeasance may be Proved.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 2 - Liens
- Chapter 36: Mortgages
- ARTICLE 1: MORTGAGES IN GENERAL
The fact that a transfer was made subject to defeasance on a condition, may, for the purpose of showing such transfer to be a mortgage, be proven (except as against a subsequent purchaser or encumbrancer for value and without notice) though the fact does not appear by the terms of the instrument.
Collected 2026-09-27T03:56:28Z. Source file · JSON