One Click Case Law for § 7-1-372
O.C.G.A. § 7-1-371 <-- --> O.C.G.A. §7-1-38

2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 1 - FINANCIAL INSTITUTIONS
ARTICLE 2 - BANKS AND TRUST COMPANIES
PART 7 - BANKING DEPOSITORIES, RESERVES, AND REMISSIONS
§ 7-1-372 - Remission of checks at par; collection charge; service charge

O.C.G.A. 7-1-372 (2010)
7-1-372. Remission of checks at par; collection charge; service charge


A commercial bank shall pay all checks drawn on it at par and shall make no charge for the payment of such checks; provided, however, it may deduct a reasonable collection charge covering its actual expenses from the remittance for any check forwarded to it for collection and remittance as a special collection item and may impose a service charge as authorized by Code Section 44-12-196, relating to when an instrument on which a banking or financial organization is directly liable is presumed abandoned.