Georgia § 7-1-354 Money received for transmission

Georgia Statutes

§ 7-1-354 — Money received for transmission

Georgia § 7-1-354

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This text of Georgia § 7-1-354 (Money received for transmission) 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. § 7-1-354 (2026).

Text

(a)A bank or trust company which receives money for transmission shall give the customer a receipt setting forth:

(1)The date of receipt of the money;

(2)The amount of the money in dollars and cents; and (3) If the money is to be transmitted to a foreign country in the currency of such country, the amount of the money in such currency.

(b)In an action by a customer against a bank or trust company for recovery of money delivered for transmission, the burden of proof of delivery of the money in accordance with the instructions of the customer shall be on the bank or trust company; but an affidavit by an agent or correspondent of the bank or trust company that the money was delivered in accordance with the customer's instructions shall be prima-facie evidence of the delivery of the money

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(a) A bank or trust company which receives money for transmission shall give the customer a receipt setting forth: (1) The date of receipt of the money; (2) The amount of the money in dollars and cents; and (3) If the money is to be transmitted to a foreign country in the currency of such country, the amount of the money in such currency. (b) In an action by a customer against a bank or trust company for recovery of money delivered for transmission, the burden of proof of delivery of the money in accordance with the instructions of the customer shall be on the bank or trust company; but an affidavit by an agent or correspondent of the bank or trust company that the money was delivered in accordance with the customer's instructions shall be prima-facie evidence of the delivery of the money in accordance with the customer's instructions.