§ 4-6-22 - Payments from custodial accounts - Georgia Statutes

State Codes and Statutes

Statutes > Georgia > Title-4 > Chapter-6 > Article-2 > 4-6-22

O.C.G.A. 4-6-22 (2010)
4-6-22. Payments from custodial accounts

No check shall be drawn on the custodial account nor any funds withdrawn from the account, except for payment of proceeds due the livestock seller or for legally authorized fees or charges incurred by or owing to the sales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.

State Codes and Statutes

Statutes > Georgia > Title-4 > Chapter-6 > Article-2 > 4-6-22

O.C.G.A. 4-6-22 (2010)
4-6-22. Payments from custodial accounts

No check shall be drawn on the custodial account nor any funds withdrawn from the account, except for payment of proceeds due the livestock seller or for legally authorized fees or charges incurred by or owing to the sales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.

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State Codes and Statutes

Statutes > Georgia > Title-4 > Chapter-6 > Article-2 > 4-6-22

O.C.G.A. 4-6-22 (2010)
4-6-22. Payments from custodial accounts

No check shall be drawn on the custodial account nor any funds withdrawn from the account, except for payment of proceeds due the livestock seller or for legally authorized fees or charges incurred by or owing to the sales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.