Business Procedures Manual

Fiscal Affairs Division

Section 19 Introduction

(Last Modified on July 1, 2019)

The laws of the State of Georgia regarding unclaimed property are contained in the Official Code of Georgia Annotated (O.C.G.A.) Sections 44-12-190 through 44-12-235. For legal determinations, institutions are encouraged to review the O.C.G.A. to see the exact wording of the law.

Listed below is a highly summarized overview of the requirements of the law as it affects institutions of the University System of Georgia (USG).

Note: This overview does not cover all possible circumstances described in the O.C.G.A. It is intended to provide the institution with an overview of the common circumstances regarding unclaimed property that may be encountered at an institution.

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