Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 6. AGENCY · Article 3. RIGHTS AND LIABILITIES OF PRINCIPAL TO THIRD PERSONS

10-6-57. Nonproduction of payment made or security by agent.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Where money is due on a written evidence of debt, payment to an agent of the creditor who fails to produce the obligation shall be at the risk of the debtor. Nonproduction of the security shall rebut the implication of authority arising from the agent’s employment, and it must be otherwise established.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Civil Code 1895, § 3006; Civil Code 1910, § 3578; Code 1933, § 4-308.

History of Code section.: This Code section is derived from the decisions in Howard v. Soule, 54 Ga. 52 (1875), and Bank of Univ. v. Tuck, 96 Ga. 456, 23 S.E. 467 (1895).

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, pages 1005 to 1006; merge action: carried; file SHA-256 7afbade16da7.