Skip to content
Georgia Commons
Menu

Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 5. ACQUISITION AND LOSS OF PROPERTY · Article 5. THE GEORGIA TRANSFERS TO MINORS ACT

44-5-126. Liability of third person for dealings with person purporting to act in capacity of custodian.

Active

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

  1. A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining:

  2. (1)

    The validity of the purported custodian’s designation;#

  3. (2)

    The propriety of, or the authority under this article for, any act of the purported custodian;#

  4. (3)

    The validity or propriety under this article of any instrument or instructions executed or given either by the person purporting to make a transfer or by the purported custodian; or#

  5. (4)

    The propriety of the application of any property of the minor delivered to the purported custodian.#

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

Code 1981, § 44-5-126, enacted by Ga. L. 1990, p. 667, § 1.

Read the official page (the state's PDF, opened at the page this text was read from).

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

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, page 491; merge action: carried; file SHA-256 490191d3dc54.