---
title: O.C.G.A. § 7-1-812. Ownership during lifetime.
collection: code
id: 7-1-812
cite_as: O.C.G.A. § 7-1-812 (2025)
canonical_url: https://georgiacommons.org/code/7-1-812
md_url: https://georgiacommons.org/code/7-1-812.md
text_url: https://georgiacommons.org/code/7-1-812/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=496
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: BANKING AND FINANCE / FINANCIAL INSTITUTIONS / MULTIPLE-PARTY ACCOUNTS
---

# O.C.G.A. § 7-1-812. Ownership during lifetime.

(a) A joint account belongs, during the lifetime of all parties, to the parties in proportion to the net contributions by each to the sums on deposit, unless there is clear and convincing evidence of a different intent.

(b) A P.O.D. account belongs to the original payee during his lifetime and not to the P.O.D. payee or payees; if two or more parties are named as original payees, during their lifetimes the account belongs to them in proportion to the net contributions by each to the sums on deposit, unless there is clear and convincing evidence of a different intent.

(c) Unless a contrary intent is manifested by the terms of the account or the deposit agreement or there is other clear and convincing evidence of an irrevocable trust, a trust account belongs beneficially to the trustee during his lifetime; and, if two or more parties are named as trustee on the account, during their lifetimes the account belongs to them in proportion to the net contributions by each to the sums on deposit, unless there is clear and convincing evidence of a different intent. If there is an irrevocable trust, the account belongs beneficially to the beneficiary.

## History

Code 1933, § 41A-3803, enacted by Ga. L. 1976, p. 1388, § 8.

## Cross References

Joint tenancy with survivorship generally, § 44-6-190.

## Law Reviews

For article, “Wills, Trusts & Administration of Estates,” see 53 Mercer L. Rev. 499 (2001).