---
title: O.C.G.A. § 14-3-1440. Deposit of assets with Office of the State Treasurer.
collection: code
id: 14-3-1440
cite_as: O.C.G.A. § 14-3-1440 (2025)
canonical_url: https://georgiacommons.org/code/14-3-1440
md_url: https://georgiacommons.org/code/14-3-1440.md
text_url: https://georgiacommons.org/code/14-3-1440/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t14-(v12)-pdf.pdf?sfvrsn=82868bd8_0#page=199
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/14-3.md
previous: https://georgiacommons.org/code/14-3-1433.md
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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: CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS / NONPROFIT CORPORATIONS / DISSOLUTION / ASSETS OF DISSOLVED CORPORATION
---

# O.C.G.A. § 14-3-1440. Deposit of assets with Office of the State Treasurer.

Assets of a dissolved corporation that should be transferred to a creditor, claimant, or member of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the Office of the State Treasurer for safekeeping. When the creditor, claimant, or member furnishes satisfactory proof of entitlement to the amount deposited, the Office of the State Treasurer shall pay him or her or his or her representative that amount. After the Office of the State Treasurer has held the unclaimed cash for six months, the Office of the State Treasurer shall pay such cash to the Board of Regents of the University System of Georgia, to be held without liability for profit or interest until a claim for such cash shall be filed with the Office of the State Treasurer by the parties entitled thereto. No such claim shall be made more than six years after such cash is deposited with the Office of the State Treasurer.

## History

Code 1981, § 14-3-1440, enacted by Ga. L. 1991, p. 465, § 1; Ga. L. 2001, p. 796, § 6; Ga. L. 2010, p. 863, § 2/SB 296; Ga. L. 2023, p. 419, § 1-1/SB 148, effective July 1, 2023.

## Editor's Notes

Ga. L. 2023, p. 419, § 1-1/SB 148, reenacted this Code section without change.