The expiration of any period of time specified by statute or court order, during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or property, shall not prevent the money or property from being presumed abandoned property nor affect any duty to file a report required by this article or to pay or deliver abandoned property to the commissioner.
(Code 1981, §44-12-223, enacted by Ga. L. 1990, p. 1506, § 1.)
OPINIONS OF THE ATTORNEY GENERAL
Outstanding checks not abandoned property.
- Outstanding checks may be evidence of abandoned deposits, but the checks themselves would not be abandoned property. 1981 Op. Att'y Gen. No. 81-16.