It shall be the duty of agents, trustees, administrators, guardians, conservators, receivers, and all other fiduciaries to keep their accounts in a regular manner and to be always ready with them supported by proper vouchers; neglect of this duty shall be ground for charging them with interest on balances on hand and with costs.
History. Civil Code 1895, § 3007; Civil Code 1910, § 3579; Code 1933, § 4-211; Ga. L. 2006, p. 805, § 2/SB 534.
History of Code section.
This Code section is derived from the decisions in Dowling v. Feeley, 72 Ga. 557 (1884), and Poullain v. Poullain, 76 Ga. 420 , 4 S.E. 92 (1886).
Structure Georgia Code
Article 2 - Relations Between Principal and Agent
§ 10-6-20. Rights Under Agency for Illegal Purpose
§ 10-6-22. Diligence Required of Agent
§ 10-6-23. Agent May Follow Instructions From One of Several Principals
§ 10-6-24. Agent Not to Buy or Sell for Himself
§ 10-6-25. Agent Must Account for Profit From Principal’s Property
§ 10-6-26. Estoppel of Agent to Dispute Principal’s Title
§ 10-6-27. Right of Principal to Follow Money Deposited by Agent
§ 10-6-28. When Agent Depositing Principal’s Money Not Liable for Bank Failure
§ 10-6-29. Mingling Goods of Principal and Agent
§ 10-6-30. Agents and Fiduciaries to Keep Accounts; Effect of Neglect
§ 10-6-31. When Agent Entitled to Commission and Expenses
§ 10-6-32. Owner’s Right to Sell Property Placed With Broker; Broker’s Right to Commissions
§ 10-6-33. Revocation of Agency — When and How Done; Damages for Unreasonable Revocation
§ 10-6-39. Liability of Principal for Injuries by Other Agents