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2018 Georgia Code 10-6-27 | Car Wreck Lawyer

TITLE 10 COMMERCE AND TRADE

Section 6. Agency, 10-6-1 through 10-6-142.

ARTICLE 2 RELATIONS BETWEEN PRINCIPAL AND AGENT

10-6-27. Right of principal to follow money deposited by agent.

A principal may follow his money deposited by an agent in the latter's name and recover the same wherever found, unless the rights of innocent third persons shall have intervened.

(Civil Code 1895, § 3005; Civil Code 1910, § 3577; Code 1933, § 4-208.)

History of section.

- This Code section is derived from the decision in Spain v. W.H. Beach & Son, 52 Ga. 494 (1874).

JUDICIAL DECISIONS

Cited in Oslin v. State, 161 Ga. 967, 132 S.E. 542 (1926).

RESEARCH REFERENCES

Am. Jur. 2d.

- 3 Am. Jur. 2d, Agency, § 181.

C.J.S.

- 2A C.J.S., Agency, § 308.

ALR.

- Liability of receiver in his official capacity for torts or negligence of receivership employees, 10 A.L.R. 1055.

Deposit to individual account of checks or notes drawn or endorsed by agent or fiduciary, as charging bank with notice of misappropriation, 57 A.L.R. 925; 64 A.L.R. 1404; 106 A.L.R. 836; 115 A.L.R. 648.

Deposit by trustee of funds of separate trusts in a single bank account, 117 A.L.R. 179.

When statute of limitations commences to run against action by principal to recover money or other property from agent, 141 A.L.R. 361.

No results found for Georgia Code 10-6-27.