---
title: O.C.G.A. § 10-6-28. Effect of bank failure.
collection: code
id: 10-6-28
cite_as: O.C.G.A. § 10-6-28 (2025)
canonical_url: https://georgiacommons.org/code/10-6-28
md_url: https://georgiacommons.org/code/10-6-28.md
text_url: https://georgiacommons.org/code/10-6-28/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=918
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/10-6.md
previous: https://georgiacommons.org/code/10-6-27.md
next: https://georgiacommons.org/code/10-6-29.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCE AND TRADE / AGENCY / RELATIONS BETWEEN PRINCIPAL AND AGENT
---

# O.C.G.A. § 10-6-28. Effect of bank failure.

If the money of a principal shall be deposited by a private agent in the name of the principal in the hands of a bank of good credit and the deposit is according to the common usage of the place, the agent shall not be responsible for any loss arising from the failure of the bank.

## History

Civil Code 1895, § 3008; Civil Code 1910, § 3580; Code 1933, § 4-209.

## History of Code Section.

This Code section is derived from the decision in Rogers v. Hopkins & Glenn, 70 Ga. 454 (1883).