One who holds a naked deposit may not use such deposit without increasing his responsibility unless the use is necessary to preserve the deposit or, from the circumstances, the consent of the depositor may be reasonably presumed.
History. Orig. Code 1863, § 2087; Code 1868, § 2082; Code 1873, § 2108; Code 1882, § 2108; Civil Code 1895, § 2926; Civil Code 1910, § 3499; Code 1933, § 12-306.
Structure Georgia Code
Chapter 12 - Rights in Personalty
§ 44-12-91. Voluntary or Involuntary Depositories; Liability for Naked Deposit
§ 44-12-92. Liability of Depositories for Hire
§ 44-12-93. Liability for Gratuitously Transporting Deposits
§ 44-12-94. Termination of Bailment of Naked Deposit
§ 44-12-95. Effect of Use of Naked Deposit on Liability
§ 44-12-96. Reimbursement of Expenses Incurred by Reason of Naked Deposit; Retention of Possession