TITLE 7 BANKING AND FINANCE

Section 1. Financial Institutions, 7-1-1 through 7-1-1021.

ARTICLE 4 SALE OF PAYMENT INSTRUMENTS

7-1-695. Liability for payment.

Every payment instrument issued in the conduct of the business regulated by this article shall be signed by the licensee or its authorized agent, and the licensee shall be liable for the payment thereof to the same extent as a drawer of a negotiable instrument, whether or not the payment instrument is a negotiable instrument under Article 3 of Title 11.

(Code 1981, §7-1-695, enacted by Ga. L. 2014, p. 251, § 1/HB 982.)