Expiration of Limitation Specified by Contract, Statute, or Court Order Not to Affect Duties Required by This Article

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The expiration, before or after July 1, 1990, of any period of time specified by contract, statute, or court order during which a claim for money or property can be made or during which an action or proceeding may be commenced or enforced to obtain payment of a claim for money or to recover property, does not prevent the money or property from being presumed abandoned nor affect any duty to file a report or to pay or deliver abandoned property to the commissioner as required by this article.

(Code 1981, §44-12-226, enacted by Ga. L. 1990, p. 1506, § 1.)

RESEARCH REFERENCES

ALR.

- Regulation of pre-paid stored-value "gift cards", 46 A.L.R.6th 437.


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