Georgia § 44-5-126 Liability of third person for dealings with person purporting to act in capacity of custodian

Georgia Statutes

§ 44-5-126 — Liability of third person for dealings with person purporting to act in capacity of custodian

Georgia § 44-5-126

Title44

This text of Georgia § 44-5-126 (Liability of third person for dealings with person purporting to act in capacity of custodian) 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. § 44-5-126 (2026).

Text

A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:

(1)The validity of the purported custodian's designation;

(2)The propriety of, or the authority under this article for, any act of the purported custodian;

(3)The validity or propriety under this article of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or (4) The propriety of the application of any property of the minor delivered to the purported custodian.

Free access — add to your briefcase to read the full text and ask questions with AI

A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining: (1) The validity of the purported custodian's designation; (2) The propriety of, or the authority under this article for, any act of the purported custodian; (3) The validity or propriety under this article of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or (4) The propriety of the application of any property of the minor delivered to the purported custodian.