Official Code of Georgia Annotated

Title 13. CONTRACTS · Chapter 8. ILLEGAL AND VOID CONTRACTS GENERALLY · Article 1. GENERAL PROVISIONS

13-8-4. Liability of stakeholder of money risked on wager.

Active

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

A stakeholder of money risked on a wager shall be obligated to repay the money to the party depositing it, upon demand, before it is actually paid to the winner; but if he pays the money to the winner bona fide, and without notice of the depositor’s intention to retract, he shall not be liable for such payment.

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.

History

Orig. Code 1863, § 2809; Code 1868, § 2817; Code 1873, § 2868; Code 1882, § 2868; Civil Code 1895, § 3721; Civil Code 1910, § 4315; Code 1933, § 20-1005.

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

Text read from t13-(v11)-2010-pdf.pdf, Volume V11, 2010 edition, page 555; merge action: carried; file SHA-256 18573afb153d.