O.C.G.A.

O.C.G.A. § 4-6-23 (2019)

Penalty for failure to deposit proceeds of sale in custodial account

✓ 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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Failure to deposit the proceeds received from the sale of livestock in a custodial account as required by Code Section 4-6-21, misuse of such funds, or payment by a bank of funds held in a custodial account without the certificate required by Code Section 4-6-22 shall constitute a misdemeanor.

History

(Ga. L. 1966, p. 350, § 4; Ga. L. 1983, p. 1161, § 1.)

Annotations

Cross references. - Making of implied warranties by companies auctioning cattle, hogs, and sheep, § 11-2-316. Sales by auction generally, § 11-2-328. Auctions of wild animals, § 27-5-11. Regulation of business of auctioneers generally, T. 43, C. 6.

Administrative rules and regulations. - Auction markets, Official Compilation of the Rules and Regulations of

the State of Georgia, Rules of Georgia Department of Agriculture, Animal Health Division, Chapter 40-13-6. Licensing and bonding requirements, Official Compilation of the Rules and Regulations of the State of Georgia, Rules of Georgia Department of Agriculture, Animal Health Division, Licensing, Chapter

RESEARCH REFERENCES ALR. - Withdrawal of property from auction sale, 37 ALR2d 1049.