A stakeholder of money risked on a wager shall be obligated to repay the money to the party depositing it, upon demand, before it is actually paid to the winner; but if he pays the money to the winner bona fide, and without notice of the depositor's intention to retract, he shall not be liable for such payment.
(Orig. Code 1863, § 2809; Code 1868, § 2817; Code 1873, § 2868; Code 1882, § 2868; Civil Code 1895, § 3721; Civil Code 1910, § 4315; Code 1933, § 20-1005.)
RESEARCH REFERENCES
C.J.S.
- 70 C.J.S., Payment, § 157.
ALR.
- Who is nonprofessional or casual gambler within statute relating to recovery of gambling losses which in terms or by construction distinguishes between professional and nonprofessional or casual gamblers, 141 A.L.R. 941.
ARTICLE 2 REGULATION OF AGRICULTURAL EQUIPMENT MANUFACTURERS, DISTRIBUTORS, AND DEALERS
Cross references.
- Regulation of the distribution of farm equipment in Georgia, § 13-8-31 et seq.
Editor's notes.- Ga. L. 1993, p. 1585, § 4, effective April 27, 1993, repealed the Code sections formerly codified at this article and enacted the current article. The former article consisted of §§ 13-8-11 through13-8-25 and was based on Ga. L. 1982, p. 1753, § 1; Ga. L. 1983, p. 3, § 10; Ga. L. 1984, p. 22, § 13; Ga. L. 1989, p. 14, § 13; and Ga. L. 1992, p. 6, § 13.
Ga. L. 1993, p. 1585, § 1, not codified by the General Assembly, provides: "It is the intent of the General Assembly to substantively reenact certain legislation relating to distribution of tractors, farm equipment, heavy equipment, and motor vehicles subsequent to the ratification at the 1992 general election of a constitutional amendment declaring that such distribution vitally affects the general economy of the state and the public interest and public welfare and authorizing the General Assembly to regulate such distribution. This Act is intended to ratify and affirm the validity of such legislation subsequent to the ratification of said constitutional amendment; and this Act shall not in any manner be construed to imply a legislative determination that such legislation was not valid prior to the ratification of said constitutional amendment."