{"data":{"id":"us-ga/o.c.g.a.-7-1-318","jurisdiction":"us-ga","citation":"O.C.G.A. § 7-1-318","heading":"Prohibition on pledging or creating a lien by trust companies; void actions.","body":"(a) No trust company shall pledge or create a lien on any of its assets except to secure:\n(1) The repayment of money borrowed; or\n(2) Trust accounts administered by the trust company.\n(b) An act, deed, conveyance, pledge, or contract in violation of this Code section shall be considered void.","path":["TITLE 7 Banking And Finance","CHAPTER 1 Financial Institutions","Article 2 Banks and Trust Companies","PART 4 Powers of Trust Companies"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.07.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":"4d36ae73db0139e17d98bf0bbb1f78a99800c9818596eeb1f321e0b3652f8a37","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-7-1-317","next":"us-ga/o.c.g.a.-7-1-320"},"notice":"GroundRules: Original legal text. Not legal advice."}