---
title: O.C.G.A. § 11-4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
collection: code
id: 11-4-501
cite_as: O.C.G.A. § 11-4-501 (2025)
canonical_url: https://georgiacommons.org/code/11-4-501
md_url: https://georgiacommons.org/code/11-4-501.md
text_url: https://georgiacommons.org/code/11-4-501/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t11-(v9)-2022-pdf.pdf?sfvrsn=b5451bbd_0#page=537
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/11-4.md
previous: https://georgiacommons.org/code/11-4-407.md
next: https://georgiacommons.org/code/11-4-502.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: COMMERCIAL CODE / BANK DEPOSITS AND COLLECTIONS / COLLECTION OF DOCUMENTARY DRAFTS
---

# O.C.G.A. § 11-4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.

A bank that takes a documentary draft for collection shall present or send the draft and accompanying documents for presentment and, upon learning that the draft has not been paid or accepted in due course, shall seasonably notify its customer of the fact even though it may have discounted or bought the draft or extended credit available for withdrawal as of right.

## History

Code 1933, § 109A-4-501, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 1996, p. 1306, § 14.