Georgia § 29-3-40 - Bond required; exception; recording of bonds.
Full text of Georgia Official Code of Georgia Annotated § 29-3-40 — Bond required; exception; recording of bonds., with citation guidance and answers to common questions.
§ 29-3-40. Bond required; exception; recording of bonds.
A conservator appointed by the court shall give bond with good and sufficient security. A financial institution, trust company, national or state bank, savings bank, or savings and loan association described in Code Section 7-1-242 that seeks to qualify as a conservator is not required to give bond for the faithful performance of its duties unless its combined capital, surplus, and undivided profits are less than $3 million as reflected in its last statement filed with the Comptroller of the Currency of the United States or the commissioner of banking and finance. The clerk of the court shall record bonds in books kept for that purpose and shall retain custody of the bonds. (Code 1981, § 29-3-40 , enacted by Ga. L. 2004, p. 161, § 1.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 29-3-40
What does Official Code of Georgia Annotated § 29-3-40 cover?
Section 29-3-40 ("Bond required; exception; recording of bonds.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 29-3-40?
A common citation format is "Official Code of Georgia Annotated § 29-3-40" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 29-3-40 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.