---
title: O.C.G.A. § 44-12-232. Article does not relieve holder of duty that arose before July 1, 1990.
collection: code
id: 44-12-232
cite_as: O.C.G.A. § 44-12-232 (2025)
canonical_url: https://georgiacommons.org/code/44-12-232
md_url: https://georgiacommons.org/code/44-12-232.md
text_url: https://georgiacommons.org/code/44-12-232/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch8-15-(v32)-2022-pdf.pdf?sfvrsn=9e9e06de_0#page=311
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/44-12.md
previous: https://georgiacommons.org/code/44-12-231.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: PROPERTY / RIGHTS IN PERSONALTY / DISPOSITION OF UNCLAIMED PROPERTY
---

# O.C.G.A. § 44-12-232. Article does not relieve holder of duty that arose before July 1, 1990.

(a) This article does not relieve the holder of a duty that arose before July 1, 1990, to report, pay, or deliver property. A holder who did not comply with the law in effect before July 1, 1990, is subject to the applicable enforcement and penalty provisions that then existed and they are continued in effect for the purpose of this subsection, subject to Code Section 44-12-227.

(b) The initial report filed under this article for property that was not required to be reported before July 1, 1990, but which is subject to this article must include all items of property that would have been presumed abandoned during the ten-year period preceding July 1, 1990, as if this article had been in effect during that period.

## History

Code 1981, § 44-12-232, enacted by Ga. L. 1990, p. 1506, § 1.