Upon any deposit of public funds being made in any bank, whether designated as a depository or not, there shall arise in favor of the public body to which such fund belongs a lien on all the assets of said bank, superior to all other liens, for the amount of such funds. Upon being deposited in any bank, all funds of any public body shall be deemed to be held as a trust fund.
History. Ga. L. 1933, p. 78, § 6; Code 1933, § 89-813.
Structure Georgia Code
Title 45 - Public Officers and Employees
Chapter 8 - Accounting for Public Funds
§ 45-8-4. Bonds — Declaring Office Vacant Upon Officer’s Failure to Give Additional Security
§ 45-8-5. Bonds — Fixing of Amount and Approval
§ 45-8-8. Bonds — When Principal and Surety Not Liable
§ 45-8-9. Bonds — Limitation of Actions on Bonds
§ 45-8-10. Deposit of Funds in Banks or Depositories — Requirement Generally
§ 45-8-14. Depositories for County and School District Moneys
§ 45-8-14.1. Funds Held by Depository; Policies and Procedures; Effective Date
§ 45-8-17. Deposit of Funds in Banks or Depositories — Liability
§ 45-8-20. Citation of Officer, Bank, or Depository to Show Cause; Service of Notice
§ 45-8-21. Right to Appear at Hearing
§ 45-8-23. Authority to Issue Subpoenas; Punishment for Contempt for Refusal to Obey
§ 45-8-26. Action by Bond Obligee Before Citation or Execution
§ 45-8-27. Procedure for Accounting When Officer Succeeds Himself
§ 45-8-28. Personal Representative of Insane or Deceased Officer as Party to Proceedings
§ 45-8-30. Release of Property of County Officers From State Lien — Authorization
§ 45-8-31. Release of Property of County Officers From State Lien — Procedure Generally
§ 45-8-33. Effect of Chapter Upon Liability of Officers to Private Persons