Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)

O.C.G.A. § 11-4-205: Commercial Code — O.C.G.A. § 11-4-205

What this law says, in plain English

A depositary bank that receives an item for collection becomes a holder and warrants to other banks and the payor that the item's amount was paid to or deposited for the customer.

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