Georgia Statutes
§ 11-9-104 — Control of deposit account
Georgia § 11-9-104
JurisdictionGeorgia
Title11
This text of Georgia § 11-9-104 (Control of deposit account) 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. § 11-9-104 (2026).
Text
(a)Requirements for control. A secured party has control of a deposit account if:
(1)The secured party is the bank with which the deposit account is maintained;
(2)The debtor, secured party, and bank have agreed in a signed record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor;
(3)The secured party becomes the bank's customer with respect to the deposit account; or (4) Another person, other than the debtor:
(A)Has control of the deposit account and acknowledges that it has control on behalf of the secured party; or (B) Obtains control of the deposit account after having acknowledged that it will obtain control of the deposit account on behalf of the secured part
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Bank of Cave Spring v. Gold Kist, Inc.
327 S.E.2d 800 (Court of Appeals of Georgia, 1985)
Wright v. C & S Family Credit, Inc. (In Re Wright)
128 B.R. 838 (N.D. Georgia, 1991)
McAllister Towing v. Ambassador Factors, Division Fleet Factors Corp. (In Re Topgallant Lines, Inc.)
154 B.R. 368 (S.D. Georgia, 1993)
Mail Concepts, Inc. v. Foote & Davies, Inc.
409 S.E.2d 567 (Court of Appeals of Georgia, 1991)
Watts v. MTC Development, LLC (In re Palisades at West Paces Imaging Center, LLC)
501 B.R. 896 (N.D. Georgia, 2013)
Matter of May
169 B.R. 462 (S.D. Georgia, 1994)
Paulsen Street Investors v. EBCO General Agencies
481 S.E.2d 246 (Court of Appeals of Georgia, 1997)
Chen v. Profit Sharing Plan of Bohne
456 S.E.2d 237 (Court of Appeals of Georgia, 1995)
Design Spectrum, Inc. v. First National Bank of Atlanta
355 S.E.2d 733 (Court of Appeals of Georgia, 1987)
Breitzman v. Heritage Bank
348 S.E.2d 713 (Court of Appeals of Georgia, 1986)
Ashburn Bank v. Farr
426 S.E.2d 63 (Court of Appeals of Georgia, 1992)
Melton v. J. M. Kenith Co.
355 S.E.2d 115 (Court of Appeals of Georgia, 1987)
SGE Mortgage Funding Corp. v. Accent Mortgage Services, Inc. (In Re SGE Mortgage Funding Corp.)
278 B.R. 653 (M.D. Georgia, 2001)
Willis v. Nat. Bank of Ga.
334 S.E.2d 917 (Court of Appeals of Georgia, 1985)
Legislative History
Amended by 2024 Ga. Laws 600,§ 5-41, eff. 7/1/2024. Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.
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 § 11-9-104, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/11-9-104.