Georgia Statutes

§ 4-6-21 — Maintenance of custodial accounts; deposits; commingling of funds

Georgia § 4-6-21

This text of Georgia § 4-6-21 (Maintenance of custodial accounts; deposits; commingling of funds) 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. § 4-6-21 (2026).

Text

Every operator of a sales establishment for the sale of livestock at auction shall maintain a custodial account in a national or state-chartered bank located in this state and within 100 miles of the sales establishment. Every such operator shall deposit in such account the gross proceeds received from the sale of livestock handled on a commissioned or agency basis, which account shall be designated "Custodial Account for Shippers' Proceeds." Other funds of the depositor shall not be commingled in such account with funds required to be deposited in this account.

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Bluebook (online)
Georgia § 4-6-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/4-6-21.