---
title: O.C.G.A. § 7-1-820. Discharge upon proper payment; notice not to permit withdrawals.
collection: code
id: 7-1-820
cite_as: O.C.G.A. § 7-1-820 (2025)
canonical_url: https://georgiacommons.org/code/7-1-820
md_url: https://georgiacommons.org/code/7-1-820.md
text_url: https://georgiacommons.org/code/7-1-820/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=507
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/7-1.md
previous: https://georgiacommons.org/code/7-1-819.md
next: https://georgiacommons.org/code/7-1-821.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: BANKING AND FINANCE / FINANCIAL INSTITUTIONS / MULTIPLE-PARTY ACCOUNTS
---

# O.C.G.A. § 7-1-820. Discharge upon proper payment; notice not to permit withdrawals.

Payment made pursuant to Code Section 7-1-816, 7-1-817, 7-1-818, or 7-1-819 discharges the financial institution from all claims for amounts so paid, whether or not the payment is consistent with the beneficial ownership of the account as between parties, P.O.D. payees, or beneficiaries or their successors. The protection here given does not extend to payments made after a financial institution has received written notice from any party able to request present payment to the effect that withdrawals in accordance with the terms of the account should not be permitted.

## History

Code 1933, § 41A-3811, enacted by Ga. L. 1976, p. 1388, § 8.