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16 chapters · 1,114 sections in this title.
O.C.G.A. § 44-12-201 When undistributed dividends and distributions of business associations presumed abandoned; when intangible interest in business associations presumed abandoned
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(a) Pursuant to Code Section 44-12-193, any dividend, profit, distri272 bution, interest, payment on principal, or other sum held or owing by a business association for or to its shareholder, certificate holder, member, bondholder, or other security holder, or a participating patro…
O.C.G.A. § 44-12-202 When unclaimed property distributed in course of dissolution or liquidation of a person presumed abandoned
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All property distributable in the course of a voluntary or involuntary dissolution or liquidation of a person that remains unclaimed by the person entitled thereto, within one year after the date of final distribution or liquidation, shall be presumed abandoned. History. Code 1981…
O.C.G.A. § 44-12-203 When intangible property held in fiduciary capacity for benefit of another, and income derived therefrom, presumed abandoned
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(a) Intangible property and any income or increment derived therefrom held in a fiduciary capacity for the benefit of another person is presumed abandoned unless the owner, within five years after it has become payable or distributable, has increased or decreased the principal, acce…
O.C.G.A. § 44-12-205 When gift certificate or credit memo presumed abandoned
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(a) A gift certificate or a credit memo issued in the ordinary course of an issuer’s business which remains unclaimed by the owner for more than five years after becoming payable or distributable is presumed abandoned. (b) In the case of a gift certificate, the amount presumed aband…