---
title: O.C.G.A. § 4-6-43. Surety bond — Dealers generally.
collection: code
id: 4-6-43
cite_as: O.C.G.A. § 4-6-43 (2025)
canonical_url: https://georgiacommons.org/code/4-6-43
md_url: https://georgiacommons.org/code/4-6-43.md
text_url: https://georgiacommons.org/code/4-6-43/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t4-6-(v4)-pdf.pdf?sfvrsn=e24c7bd9_0#page=12
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.
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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 / LIVESTOCK AUCTIONS
---

# O.C.G.A. § 4-6-43. Surety bond — Dealers generally.

(a) No dealer shall purchase livestock at any sales establishment or directly from producers unless he or she has then in force a surety in an amount established in a memorandum of agreement with the department sufficient to secure the performance of the obligations of the holder of such surety.

(b) This Code section shall not be applicable to nor shall a surety be required of a dealer who purchases livestock at sales establishments for cash only. No livestock market operator shall permit a dealer who is not properly licensed and holding surety to purchase livestock other than for cash.

## History

Ga. L. 1956, p. 501, § 3; Ga. L. 1958, p. 309, § 2; Ga. L. 1959, p. 296, § 2; Ga. L. 1970, p. 530, § 1; Ga. L. 1982, p. 1804, § 3; Ga. L. 1983, p. 1161, § 1; Ga. L. 1984, p. 22, § 4; Ga. L. 2017, p. 129, § 9/HB 49.

## Amendments

The 2017 amendment, effective July 1, 2017, rewrote subsection (a); deleted former subsection (b), which read: “An amount calculated under subsection (a) of this Code section, if not a multiple of $5,000.00, shall be rounded up to the nearest multiple of $5,000.00.”; redesignated former subsection (c) as present subsection (b); and, in subsection (b), substituted “surety” for “bond” in the first sentence, and in the second sentence, substituted “dealer who is not properly licensed and holding surety” for “dealer or broker who is not properly licensed and bonded”.