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2021 Georgia Code
Title 44 - Property
Chapter 12 - Rights in Personalty
Article 3 - Bailments
Part 3 - Deposits
§ 44-12-95. Effect of Use of Naked Deposit on Liability
Universal Citation:
GA Code § 44-12-95 (2021)
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One who holds a naked deposit may not use such deposit without increasing his responsibility unless the use is necessary to preserve the deposit or, from the circumstances, the consent of the depositor may be reasonably presumed.
(Orig. Code 1863, § 2087; Code 1868, § 2082; Code 1873, § 2108; Code 1882, § 2108; Civil Code 1895, § 2926; Civil Code 1910, § 3499; Code 1933, § 12-306.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 8 Am. Jur. 2d, Bailments, § 60 et seq.
C.J.S.- 26B C.J.S., Depositaries, § 11 et seq.
ALR.
- Liability of a bailee of money who commingles it with his own funds, 20 A.L.R. 378.
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