Georgia · Official Code of Georgia Annotated — full code (public domain; via Open US Law, CC BY 4.0)
O.C.G.A. § 11-8-505: Commercial Code — O.C.G.A. § 11-8-505
What this law says, in plain English
A securities intermediary must obtain payments or distributions from financial asset issuers, either per agreement with the account holder or by exercising reasonable care under commercial standards. The intermediary owes the account holder any payment or distribution it receives.
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