O.C.G.A.

O.C.G.A. § 11-4-101 (2019)

Short title

✓ 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 may be cited as “Uniform Commercial Code - Bank Deposits and Collections.”

History

Code 1933, § 109A-4-101, enacted by

Ga. L. 1962, p. 156, § 1; Ga. L. 1996, p. 1306, § 4.

Annotations

RESEARCH REFERENCES Am. Jur. Pleading and Practice Forms. 4A Am. Jur. Pleading and Practice Forms, Banks, § 2.

U.L.A. Uniform Commercial Code (U.L.A.) § 4101.

Notes of Decisions

Cited in 7 cases, 1983–2009 · leading case: First Georgia Bank v. Webster, 308 S.E.2d 579 (Ga. Ct. App. 1983).

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First Georgia Bank v. Webster, 308 S.E.2d 579 (Ga. Ct. App. 1983). · cites it 2× “” The bank asserts that it is liable only for negligence in the performance of the duties statutorily imposed upon it by the Georgia Uniform Commercial Code — Bank Deposits and Collections (OCGA § 11-4-101 et seq. (Code Ann. § 109A-4 — 101 et seq.”

Vadde v. Bank of Am., 687 S.E.2d 880 (Ga. Ct. App. 2009). · cites it 2× “” Vadde also contends that she is entitled to summary judgment because Bank of America violated the UCC’s rules governing bank deposits and collections, OCGA § 11-4-101 et seq., in that it failed to notify her of a problem with the check by midnight of June 14, 2004, and has not…”

Bank South, N.A. v. Roswell Jeep Eagle, Inc., 419 S.E.2d 522 (Ga. Ct. App. 1992). · cites it 6× ““Action or inaction approved by [OCGA § 11-4-101 et seq.] . . . constitutes the exercise of ordinary care and, in the absence of special instructions, action or nonaction consistent with clearing-house rules and the like or with a general banking usage not disapproved by [OCGA §…”

Peavy v. Bank South, N.A., 474 S.E.2d 690 (Ga. Ct. App. 1996). · cites it 2× “” But the Bank denied any conversion of funds, contending that the charge-back was authorized under Article 4 of the “Uniform Commercial Code — Bank Deposits and Collec *502 tions,” OCGA § 11-4-101 et seq., and also under its deposit account agreement with plaintiffs.”

First Guar. Bank v. Nw. Georgia Bank, 417 S.E.2d 348 (Ga. Ct. App. 1992). · cites it 2× “This case presents questions concerning Article 4 of the UCC (OCGA § 11-4-101 et seq.), governing the liability of banks as between themselves arising from transactions involving non-negotiable items, as well as commercial paper or negotiable instruments which are governed by…”

Farr v. Trust Co. Bank of Savannah, N. A., 469 S.E.2d 501 (Ga. Ct. App. 1996). · cites it 2× “See also OCGA § 11-4-101 et seq. (UCC rules for the governance of bank deposits and collections).”

Millard, 2005 T.C. Memo. 192 (1970). “Relying on articles 3 and 4 of the Uniform Commercial Code as adopted by Georgia and related caselaw, petitioner contends that the original check and the underlying funds remained the property of SouthTrust Bank during the year in issue, and, consequently, the receipt of the…”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.