---
title: O.C.G.A. § 4-6-23. Penalty for failure to deposit proceeds of sale in custodial account.
collection: code
id: 4-6-23
cite_as: O.C.G.A. § 4-6-23 (2025)
canonical_url: https://georgiacommons.org/code/4-6-23
md_url: https://georgiacommons.org/code/4-6-23.md
text_url: https://georgiacommons.org/code/4-6-23/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t4-6-(v4)-2013-pdf.pdf?sfvrsn=8c0a1199_0#page=84
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/4-6.md
previous: https://georgiacommons.org/code/4-6-22.md
next: https://georgiacommons.org/code/4-6-40.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: ANIMALS / LIVESTOCK DEALERS AND AUCTIONS / CUSTODIAL ACCOUNTS FOR LIVESTOCK SELLERS
---

# O.C.G.A. § 4-6-23. Penalty for failure to deposit proceeds of sale in custodial account.

Failure to deposit the proceeds received from the sale of livestock in a custodial account as required by Code Section 4-6-21, misuse of such funds, or payment by a bank of funds held in a custodial account without the certificate required by Code Section 4-6-22 shall constitute a misdemeanor.

## History

Ga. L. 1966, p. 350, § 4; Ga. L. 1983, p. 1161, § 1.