Statutes, codes, and regulations
CODE OF GEORGIA
Title 10 - COMMERCE AND TRADEChapter 6 - AGENCY
Article 3 - RIGHTS AND LIABILITIES OF PRINCIPAL TO THIRD PERSONS
Section 10-6-57 - Payment to agent not producing obligation made at debtor's risk; proving agent's authority

Ga. Code § 10-6-57

Download
PDF
Current through 2023-2024 Legislative Session Chapters 1-374, 376-386, 393, 394, 397, 398, 406-412, 414, 415, 421, 424, 427, 429, 430, 432-456, 460, 461, 471, 473, 475, 478, 480, 483, 484, 488, 490
Section 10-6-57 - Payment to agent not producing obligation made at debtor's risk; proving agent's authority

Where money is due on a written evidence of debt, payment to an agent of the creditor who fails to produce the obligation shall be at the risk of the debtor. Nonproduction of the security shall rebut the implication of authority arising from the agent's employment, and it must be otherwise established.

OCGA § 10-6-57