GEORGIA CODE (Last Updated: August 20, 2013) |
Title 7. BANKING AND FINANCE |
Chapter 1. FINANCIAL INSTITUTIONS |
Article 4. SALE OF CHECKS OR MONEY ORDERS |
Section 7-1-691. Civil liability of licensee on checks
Latest version.
- Every check issued in the conduct of the business regulated by this article shall be signed by the licensee or his authorized representative; 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 check is a negotiable instrument under Article 3 (Negotiable Instruments) of Title 11 (Uniform Commercial Code).
Ga. L. 1965, p. 81, § 16; Code 1933, § 41A-3212, enacted by Ga. L. 1974, p. 705, § 1; Ga. L. 1997, p. 143, § 7.