Georgia Code, Title 4, Chapter 6, Article 2 - Custodial Accounts for Livestock Sellers

• § 4-6-20 - Short Title
  This article may be cited as the "Custodial Account for Livestock Sellers Act."
• § 4-6-21 - Maintenance of Custodial Accounts; Deposits; Commingling of Funds
  Every operator of a sales establishment for the sale of livestock at auction shall maintain a custodial account in a national or state-chartered bank...
• § 4-6-22 - Payments From Custodial Accounts
  No check shall be drawn on the custodial account nor any funds withdrawn from the account, except for payment of proceeds due the livestock...
• § 4-6-23 - Penalty for Failure to Deposit Proceeds of Sale in Custodial Account
  Failure to deposit the proceeds received from the sale of livestock in a custodial account as required by Code Section 4-6-21, misuse of such...

Last modified: October 14, 2016