View Our Newest Version Here

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)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

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.

Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.