{"data":{"id":"us-ga/o.c.g.a.-44-12-205","jurisdiction":"us-ga","citation":"O.C.G.A. § 44-12-205","heading":"When gift certificate or credit memo presumed abandoned.","body":"(a) A gift certificate or a credit memo issued in the ordinary course of an issuer’s business which remains unclaimed by the owner for more than five years after becoming payable or distributable is presumed abandoned.\n(b) In the case of a gift certificate, the amount presumed abandoned is the price paid by the purchaser for the gift certificate. In the case of a credit memo, the amount presumed abandoned is the amount credited to the recipient of the memo.","path":["TITLE 44 Property","CHAPTER 12 Rights in Personalty","Article 5 Disposition of Unclaimed Property"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.44.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"cb245128085ea269fc59e670fe43940fb7e8f26e42ce599251920b560af1c54c","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-44-12-204","next":"us-ga/o.c.g.a.-44-12-206"},"notice":"GroundRules: Original legal text. Not legal advice."}