Guide to Business Records Retention Requirements

O.C.G.A. Title 11 -- COMMERCIAL CODE

Bulk Transfers

Citation: O.C.G.A. Section 11-6-104 Schedule of property, list of creditors.
Regulating Agency: None.
Requirement: To preserve the list of existing creditors and schedule of property transferred or to file the list and schedule in the office of the clerk of superior court in county specified in the Code section.
Persons Affected: Transferors and transferees involved in a bulk transfer subject to O.C.G.A. Title 11, Article 6 other than auction sales covered by O.C.G.A. Section 11-6-108.
Retention Period: Six months next following the transfer.