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O.C.G.A. § 45-8-16 — Deposit of funds in banks or depositories - Deposits showing officer's official title deemed public funds | Georgia Code
O.C.G.A. § 45-8-16 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 45 PUBLIC OFFICERS AND EMPLOYEES

Section 8. Accounting for Public Funds, 45-8-1 through 45-8-33.

ARTICLE 6 TEMPORARY FURLOUGHS

45-8-16. Deposit of funds in banks or depositories - Deposits showing officer's official title deemed public funds.

Money of any public body deposited in any bank by any collecting officer or officer to hold public funds, though deposited in his own name, shall, if the account stands in his name in his official capacity or is marked with words or abbreviations showing his official title or if the bank otherwise knows that it is public money, be deemed to be funds of a public body within the scope of this chapter.

(Ga. L. 1933, p. 78, § 6; Code 1933, § 89-814.)

JUDICIAL DECISIONS

Bond relieved when county funds deposited officially.

- A county treasurer is required to deposit the county money in a bank and to have it give bond to secure the deposit, and, if it is deposited officially or if the bank knows it to be a public deposit, the treasurer's bond is thereby relieved. Hancock County v. Hancock Nat'l Bank, 67 F.2d 421 (5th Cir. 1933).

Cited in Whipple v. American Sur. Co., 92 F.2d 673 (5th Cir. 1937).

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This Georgia Code resource is curated by an Orange Park personal injury and workers' comp lawyer, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.