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Georgia State Code
Title      24
Chapter       4  
Section Navigation     1 ... 20           21 ... 41    
    42 ... 62         63 ... 65      
Section<<< 21 22 23 23.1 24 25 26 27 40 41 >>>  
Title 24, Chapter 4, Section 23.1 (24-4-23.1)

(a) As used in this Code section:

(1) "Bank" means any person engaged in the business of banking and includes, in addition to a commercial bank, a savings and loan association, savings bank, or credit union; and

(2) "Check" means a draft, other than a documentary draft, payable on demand and drawn on a bank, even though it is described by another term, such as "share draft" or "negotiable order of withdrawal."

(b) In any dispute concerning payment by means of a check, a copy of the check produced in accordance with Code Section 24-5-26, together with the original bank statement that reflects payment of the check by the bank on which it was drawn or a copy thereof produced in the same manner, creates a presumption that the check has been paid.

Sunday May 24 05:48 EDT


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