Georgia Statutes
§ 11-7-508 — Warranties of collecting bank as to documents of title
Georgia § 11-7-508
JurisdictionGeorgia
Title11
This text of Georgia § 11-7-508 (Warranties of collecting bank as to documents of title) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 11-7-508 (2026).
Text
A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if the collecting bank or other intermediary has purchased or made advances against the claim or draft to be collected.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Amended by 2010 Ga. Laws 470,§ 1-1, eff. 5/27/2010.
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Georgia § 11-7-508, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-7-508.