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GEORGIA CODE (Last Updated: August 20, 2013) |
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Title 44. PROPERTY |
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Chapter 12. RIGHTS IN PERSONALTY |
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Article 5. DISPOSITION OF UNCLAIMED PROPERTY |
| § 44-12-190. Short title |
| § 44-12-191. Construction of article |
| § 44-12-192. Definitions |
| § 44-12-193. When property held, issued, or owing in ordinary course of holder's business presumed abandoned |
| § 44-12-194. Conditions under which intangible property subject to custody of state as unclaimed property |
| § 44-12-195. When sums payable on traveler's checks or money orders deemed abandoned; conditions under which same may be subjected to custody of state as unclaimed property |
| § 44-12-196. When instruments on which banking or financial organization directly liable presumed abandoned; service charges |
| § 44-12-197. When certain deposits or other interests in banking or financial organization presumed abandoned |
| § 44-12-198. When fund under life or endowment insurance policy or annuity contract presumed abandoned |
| § 44-12-199. When funds held or owing by utility presumed abandoned |
| § 44-12-200. When unclaimed court ordered refund from business association presumed abandoned |
| § 44-12-201. When undistributed dividends and distributions of business associations presumed abandoned; when intangible interest in business associations presumed abandoned |
| § 44-12-202. When unclaimed property distributed in course of dissolution or liquidation of a person presumed abandoned |
| § 44-12-203. When intangible property held in fiduciary capacity for benefit of another, and income derived therefrom, presumed abandoned |
| § 44-12-204. When intangible property held for owner by state or federal entity presumed abandoned |
| § 44-12-205. When gift certificate or credit memo presumed abandoned |
| § 44-12-206. When unpaid wages presumed abandoned |
| § 44-12-207. When employee benefit trust distributions and income thereon presumed abandoned; exceptions |
| § 44-12-209. Rent due on safe-deposit boxes; notice of opening of box and sealing of contents when contents deemed abandoned; delivery to commissioner |
| § 44-12-210. Commencement of abandonment for certain property described in Code Section 44-12-197 |
| § 44-12-211. When bequeathed property presumed abandoned; when person presumed dead without heirs or distributees and property presumed abandoned |
| § 44-12-212. When property described in Code Section 44-12-193 not subject to this article |
| § 44-12-213. Cooperation with other states to audit or otherwise determine unclaimed property subject to claim; rules and procedure |
| § 44-12-214. Report and remittance of persons holding property presumed abandoned under this article |
| § 44-12-215. Publication of "Georgia Unclaimed Property List"; contents of notice |
| § 44-12-216. Assumption of custody by state; legal proceedings instituted by other state; reimbursements for costs to safe-deposit box holders |
| § 44-12-217. Sale or destruction of property |
| § 44-12-218. Disposition of funds received under article |
| § 44-12-219. When commissioner may decline to receive certain property |
| § 44-12-220. Claims for property paid or delivered to commissioner; procedure; destruction of records after seven years |
| § 44-12-221. Appeal of commissioner's decision |
| § 44-12-222. Determination of claim; hearing |
| § 44-12-223. Effect of periods of limitation |
| § 44-12-224. Agreement and fees for recovery or assistance in recovery of property reported and delivered to commissioner |
| § 44-12-225. Confidentiality of information or records required by this article |
| § 44-12-226. Expiration of limitation specified by contract, statute, or court order not to affect duties required by this article |
| § 44-12-227. Penalties |
| § 44-12-228. Maintenance and retention of records |
| § 44-12-229. Commissioner may compel filing of report and may examine records; failure to maintain records |
| § 44-12-230. Employment of independent consultant |
| § 44-12-231. Enforcement of article; properties not paid over on a timely basis |
| § 44-12-232. Article does not relieve holder of duty that arose before July 1, 1990 |
| § 44-12-233. Receipt of securities under this article |
| § 44-12-234. Property in foreign country or arising out of foreign transaction |
| § 44-12-235. Rules and regulations |
| § 44-12-236. Alternative method of disposition with respect to certain dividends or capital credits which are presumed abandoned; definitions; procedures |
REFS & ANNOS
TITLE 44 Chapter 12 Article 5 NOTE
CROSS REFERENCES. --Recovery of artifacts, treasure, etc., § 12-3-52, § 12-3-80 et seq. Disposition of abandoned motor vehicles, Ch. 11, T. 40.
EDITOR'S NOTES. --Ga. L. 1990, p. 1506, § 1, effective July 1, 1990, repealed the Code sections formerly codified in this article and enacted the current article. The former article consisted of Code Sections 44-12-190 through 44-12-222 and was based on Ga. L. 1972, p. 762, §§ 1 through 31 and § 33; Ga. L. 1976, p. 203, § 1; Ga. L. 1976, p. 556, § 1; Ga. L. 1981, p. 977, §§ 1 and 3; Ga. L. 1981, p. 1330, § 1; Ga. L. 1982, p. 3, § 44; Ga. L. 1982, p. 1787, §§ 1, 2; Ga. L. 1984, p. 517, § 1; Ga. L. 1984, p. 575, §§ 1 through 5; Ga. L. 1985, p. 149, § 44; Ga. L. 1985, p. 283, § 1; Ga. L. 1985, p. 912, § 1; Ga. L. 1985, p. 1097, §§ 1, 2; Ga. L. 1986, p. 10, § 44; Ga. L. 1987, p. 541, § 1; Ga. L. 1989, p. 14, § 44; Ga. L. 1989, p. 946, § 111, and Ga. L. 1989, p. 1115, §§ 1 through 3.
OPINIONS OF THE ATTORNEY GENERAL
EDITOR'S NOTES. --Some of the decisions cited below were decided under former law.
CONSTRUCTION WITH RULES OF FEDERAL DEPOSIT INSURANCE CORPORATION. --This article is superseded insofar as it requires the payment of interest in violation of Federal Deposit Insurance Corporation Rules and the resultant disparity of treatment does not violate equal protection requirements. 1974 Op. Att'y Gen. No. 74-108.
RESEARCH REFERENCES
AM. JUR. 2D. --1 Am. Jur. 2d, Abandoned, Lost, and Unclaimed Property, §§ 1 et seq., 6. 27 Am. Jur. 2d, Escheat, § 1,2,3,4 et seq.
C.J.S. --1 C.J.S., Abandonment, § 1 et seq. 30A C.J.S., Escheat, § 1 et seq.
ALR. --Constitutionality, construction, and application of statutes relating to disposition of old bank deposits, 151 ALR 836.
Validity, construction, and application of lost or abandoned goods statutes, 23 ALR4th 1025.
EDITOR'S NOTES. --Ga. L. 1990, p. 1506, § 1, effective July 1, 1990, repealed the Code sections formerly codified in this article and enacted the current article. The former article consisted of Code Sections 44-12-190 through 44-12-222 and was based on Ga. L. 1972, p. 762, §§ 1 through 31 and § 33; Ga. L. 1976, p. 203, § 1; Ga. L. 1976, p. 556, § 1; Ga. L. 1981, p. 977, §§ 1 and 3; Ga. L. 1981, p. 1330, § 1; Ga. L. 1982, p. 3, § 44; Ga. L. 1982, p. 1787, §§ 1, 2; Ga. L. 1984, p. 517, § 1; Ga. L. 1984, p. 575, §§ 1 through 5; Ga. L. 1985, p. 149, § 44; Ga. L. 1985, p. 283, § 1; Ga. L. 1985, p. 912, § 1; Ga. L. 1985, p. 1097, §§ 1, 2; Ga. L. 1986, p. 10, § 44; Ga. L. 1987, p. 541, § 1; Ga. L. 1989, p. 14, § 44; Ga. L. 1989, p. 946, § 111, and Ga. L. 1989, p. 1115, §§ 1 through 3.
OPINIONS OF THE ATTORNEY GENERAL
EDITOR'S NOTES. --Some of the decisions cited below were decided under former law.
CONSTRUCTION WITH RULES OF FEDERAL DEPOSIT INSURANCE CORPORATION. --This article is superseded insofar as it requires the payment of interest in violation of Federal Deposit Insurance Corporation Rules and the resultant disparity of treatment does not violate equal protection requirements. 1974 Op. Att'y Gen. No. 74-108.
RESEARCH REFERENCES
AM. JUR. 2D. --1 Am. Jur. 2d, Abandoned, Lost, and Unclaimed Property, §§ 1 et seq., 6. 27 Am. Jur. 2d, Escheat, § 1,2,3,4 et seq.
C.J.S. --1 C.J.S., Abandonment, § 1 et seq. 30A C.J.S., Escheat, § 1 et seq.
ALR. --Constitutionality, construction, and application of statutes relating to disposition of old bank deposits, 151 ALR 836.
Validity, construction, and application of lost or abandoned goods statutes, 23 ALR4th 1025.