O.C.G.A.
O.C.G.A. § 4-6-22 (2019)
Payments from custodial accounts
✓ 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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No check shall be drawn on the custodial account nor any funds withdrawn from the account, except for payment of proceeds due the Page: 84 Date: 06/14/13 Time: 10:58:23 GA RV 13 RV 4(T4-6) - EP livestock seller or for legally authorized fees or charges incurred by or owing to the sales establishment. No bank holding such an account shall pay a check on such account or honor a withdrawal from such account unless the sales establishment files a certificate that the check or withdrawal is for one of the purposes authorized in this Code section. The certificate may be printed on the face of the check above the signature.
History
(Ga. L. 1966, p. 350, § 3; Ga. L. 1983, p. 1161, § 1.)