O.C.G.A.

O.C.G.A. § 10-4-33 (2019)

Duty of persons accepting warehouse receipts to take adequate measures regarding goods

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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This article shall not relieve any person, including, but not limited to, any bank, savings and loan, or other financial lending institution, that requires, solicits, or otherwise accepts warehouse receipts issued in accordance with this article as collateral or security for a debt, account, promissory note, or any type of loan from any duty otherwise imposed to take necessary and reasonable adequate measures to ensure that the goods represented by the warehouse receipts are present and accounted for and are in suitable condition.

History

Code 1981, § 10-4-33, enacted by Ga. L. 1992, p. 2553, § 2.

ARTICLE 2 STATE WAREHOUSE COMMISSIONER; COTTON WAREHOUSING PART 1 STATE WAREHOUSE COMMISSIONER