O.C.G.A.
O.C.G.A.

O.C.G.A. § 29-3-44 (2019)

(For effective date, see note.) Payment of bond premium

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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(a) A conservator who is required to give bond, and who has given as security on such bond one or more licensed commercial sureties, may pay any bond premium from the estate.

(b) (For effective date, see note.) When the guardian is required to give bond pursuant to Code Section 29-2-25, the conservator shall, upon the request of the guardian, pay any bond premium from the estate.

History

(Code 1981, § 29-3-44, enacted by Ga. L. 2004, p. 161, § 1; Ga. L. 2019, p. 693, § 4/HB 70.)

Annotations

Delayed effective date. - Subsection (b), as set out above, becomes effective January 1, 2020. For version of subsection (b) in effect until January 1, 2020, see the 2019 amendment note.

The 2019 amendment, effective January 1, 2020, inserted ", upon the request of the guardian," in the middle of subsection (b).

Cross references. - Time limitation on bringing of actions against guardians, § 9-3-27.

Statute of limitations for prosecution for conversion by guardian of property of ward, § 17-3-2.

RESEARCH REFERENCES

ALR. - Liability of guardian for loss of funds deposited in bank in form which discloses trust or fiduciary character, 90 A.L.R. 641.