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Found 566 matching passages in 560 documents.
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-30. Definitions
As used in this article, the term: (1) ‘‘Nonrefundable fee’’ means any money or other consideration paid or given by a tenant to a landlord under the terms of a residential rental agreement which the parties agreed would not be refunded. (2) ‘‘Residential rental agreement’’ means a contract, lease, or license agreement for the rental or use of real property...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-34. Return of security deposit; grounds for retention of part; delivery of statement and sum due to tenant; unclaimed deposit; court determination of disposition of deposit
(a) Within 30 days after obtaining possession of the premises as provided in subsection (b) of Code Section 44-7-33, a landlord shall return to the tenant the full security deposit which was deposited with the landlord by the tenant. No security deposit shall be retained to cover ordinary wear and tear which occurred as a result of the use of the premises...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-31. Placement of security deposit in trust in escrow account; notice to tenant of account location
Except as provided in Code Section 44-7-32, whenever a security deposit is held by a landlord or such landlord’s agent on behalf of a tenant, such security deposit shall be deposited in an escrow account established only for that purpose in any bank or lending institution subject to regulation by this state or any agency of the United States government. The...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-33. Lists of existing defects and of damages during tenancy; inspection of premises by landlord upon termination of lease and vacation or surrender of premises; right of tenant to inspect and dissent; action to recover security deposit
(a) Prior to tendering a security deposit, the tenant shall be presented with a comprehensive list of any existing damage to the premises which shall be for the tenant’s permanent retention. The tenant shall have the right to inspect the premises to ascertain the accuracy of such list prior to taking occupancy. The landlord and the tenant shall sign the...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-35. Remedies for landlord’s noncompliance with article
(a) A landlord shall not be entitled to retain any portion of a security deposit if: (1) The security deposit was not deposited in an escrow account in accordance with Code Section 44-7-31 or a surety bond was not posted in accordance with Code Section 44-7-32; (2) The initial damage list required by subsection (a) of Code Section 44-7-33 was not made and...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-30.1. Limitation on security deposit
No landlord shall demand or receive a security deposit in an amount that exceeds the equivalent of two months’ rent.
Code section · Georgia General Assembly · active
O.C.G.A. § 7-1-289. Security for deposits
(a) A bank may pledge or otherwise grant security interests in its assets to secure deposits of: (1) Public funds; (2) Funds of a pension fund for employees of a public body of the state; (3) Funds for which a public body of the state or an officer or employee thereof or any court of law is the custodian or trustee pursuant to statute; (4) Funds held by the...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-32. Surety bond in lieu of escrow account; withdrawal of surety; fees; liability of clerk of superior court
(a) As an alternative to the requirement that security deposits be placed in escrow as provided in Code Section 44-7-31, the landlord may post and maintain an effective surety bond with the clerk of the superior court in the county in which the dwelling unit is located. The amount of the bond shall be the total amount of the security deposits which the...
Code section · Georgia General Assembly · active
O.C.G.A. § 40-9-39. Custody, disposition, and return of deposit
(a) The department shall place any security deposited with it under this chapter in the general fund of the state treasury. Such security shall be applicable and available only: (1) For the payment of any settlement agreement covering any claim arising out of the accident upon instruction of the person who made the deposit; or (2) For the payment of a...
Code section · Georgia General Assembly · active
O.C.G.A. § 34-9-161. Securities deposit; excess loss funding program
(a)(1) Each fund shall maintain a deposit consisting of securities eligible for deposit by domestic insurance companies in accordance with Chapter 12 of Title 33 in the amount of $200,000.00, which amount equates to the deposits required of a domestic insurance company pursuant to Code Section 33-3-8. (2) A fund may post a surety bond or bonds in the amount...
Code section · Georgia General Assembly · active
O.C.G.A. § 33-50-5. Minimum surplus; capital requirements; security deposit; annual audit; aggregate excess stop-loss coverage; individual excess stop-loss coverage
(a) No multiple employer self-insured health plan shall be licensed unless it shall possess and thereafter maintain a minimum surplus of at least $200,000.00. (b) A multiple employer self-insured health plan shall be subject to and comply with the applicable regulatory action level risk-based capital requirements prescribed by Chapter 56 of this title. (c)...
Code section · Georgia General Assembly · active
O.C.G.A. § 53-12-292. Deposit of securities in clearing corporation
(a) Any fiduciary holding securities in its fiduciary capacity, any bank or trust company holding securities as a custodian or managing agent, and any bank or trust company holding securities as custodian for a fiduciary shall be authorized to deposit or arrange for the deposit of the securities in a clearing corporation, as defined in Article 8 of Title...
Code section · Georgia General Assembly · active
O.C.G.A. § 34-9-387. Reimbursement and security deposit from participant for compensation obligations
(a) The board of trustees shall have the right and duty to obtain reimbursement from any participant for payment of compensation obligations in the amount of the participant’s compensation obligations assumed by the board of trustees and paid from the fund by the board of trustees as directed by the board, including, but not limited to, claims for all...
Code section · Georgia General Assembly · active
O.C.G.A. § 33-1-2. Definitions
As used in this title, the term: (1) ‘‘Commissioner of Insurance’’ or ‘‘Commissioner’’ means the Commissioner of Insurance of the State of Georgia. (2) ‘‘Department of Insurance’’ or ‘‘department’’ means the Department of Insurance established by Code Section 33-2-1. (3) ‘‘Health benefit policy,’’ ‘‘health benefit plan,’’ or other similar terms shall not...
Code section · Georgia General Assembly · active
O.C.G.A. § 10-7-31. Rights of certain parties claiming protection under a payment bond or security deposit; notice of commencement of work
(a) Where a payment bond or security deposit is provided pursuant to a contract for the construction of an improvement to property other than a public work, every person entitled to claim the protection of the payment bond or security deposit who has not been paid in full for labor or material furnished in the prosecution of the work referred to in such...
Code section · Georgia General Assembly · active
O.C.G.A. § 7-1-794. Deposits as security or in lieu of bond
Whenever, under the laws of this state or otherwise, a deposit of securities is required for any purpose, the deposits made legal investments by Code Section 7-1-793 shall be acceptable as such security; and, whenever, under the law of this state or otherwise, a bond is required with security, such bond may be furnished and the deposits made legal...
Code section · Georgia General Assembly · active
O.C.G.A. § 40-9-36. Amount of security; designation of persons for whom deposit made; reduction or increase in amount
(a) The security under this chapter shall be in such amount as the department may require, but in no case in excess of the limits specified in subsection (a) of Code Section 40-9-37. Every depositor of security shall designate in writing every person on whose behalf the deposit is made and may at any time change such designation, in writing, to include an...
Code section · Georgia General Assembly · active
O.C.G.A. § 36-91-93. Rights of persons protected by payment bond or security deposit; governmental entity not a party
(a) Every person entitled to the protection of the payment bond or security deposit required to be given who has not been paid in full for labor or material furnished in the prosecution of the work referred to in such bond or security deposit before the expiration of a period of 90 days after the day on which the last of the labor was done or performed by...
Code section · Georgia General Assembly · active
O.C.G.A. § 53-12-421. Rental property
To the extent that a trustee accounts for receipts from rental property pursuant to this Code section, the trustee shall allocate to income an amount received as rent of real or personal property, including an amount received for cancellation or renewal of a lease. An amount received as a refundable deposit, including a security deposit or a deposit that is...
Code section · Georgia General Assembly · active
O.C.G.A. § 36-91-94. Providing copy of bond or security deposit agreement
The official who has the custody of the bond or security deposit required by this article is authorized and directed to furnish to any person making application therefor a copy of the bond or security deposit agreement and the contract for which it was given, certified by the official who has custody of the bond or security deposit. With his or her...
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