2010 Georgia Code 44-12-232 Case Law
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One Click Case Law for § 44-12-232
O.C.G.A. § 44-12-231 <-- --> O.C.G.A. §44-12-233



2010 Georgia Code

TITLE 44 - PROPERTY

CHAPTER 12 - RIGHTS IN PERSONALTY
ARTICLE 5 - DISPOSITION OF UNCLAIMED PROPERTY
§ 44-12-232 - Article does not relieve holder of duty that arose before July 1, 1990

O.C.G.A. 44-12-232 (2010)
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.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com