Ga. Code § 7-1-372
Current through 2023-2024 Legislative Session Chapter 374
A commercial bank 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.
OCGA § 7-1-372