Georgia § 4-6-43 - Surety bond - Dealers generally.
Full text of Georgia Official Code of Georgia Annotated § 4-6-43 — Surety bond - Dealers generally., with citation guidance and answers to common questions.
§ 4-6-43. Surety bond - Dealers generally.
No dealer shall purchase livestock at any sales establishment or directly from producers unless he or she has then in force a surety in an amount established in a memorandum of agreement with the department sufficient to secure the performance of the obligations of the holder of such surety. This Code section shall not be applicable to nor shall a surety be required of a dealer who purchases livestock at sales establishments for cash only. No livestock market operator shall permit a dealer who is not properly licensed and holding surety to purchase livestock other than for cash. (Ga. L. 1956, p. 501, § 3; Ga. L. 1958, p. 309, § 2; Ga. L. 1959, p. 296, § 2; Ga. L. 1970, p. 530, § 1; Ga. L. 1982, p. 1804, § 3; Ga. L. 1983, p. 1161, § 1; Ga. L. 1984, p. 22, § 4; Ga. L. 2017, p. 129, § 9/HB 49.) The 2017 amendment, effective July 1, 2017, rewrote subsection (a); deleted former subsection (b), which read: "An amount calculated under subsection (a) of this Code section, if not a multiple of $5,000.00, shall be rounded up to the nearest multiple of $5,000.00."; redesignated former subsection (c) as present subsection (b); and, in subsection (b), substituted "surety" for "bond" in the first sentence, and in the second sentence, substituted "dealer who is not properly licensed and holding surety" for "dealer or broker who is not properly licensed and bonded". Editor's notes. - The 1984 amendment, effective February 3, 1984, directed that "One hundred thirty" be substituted for "130" in subparagraph (a)(1)(B). The Act should have directed that the change be made in subparagraph (a)(2)(B) instead, and this Code section has been edited accordingly.
Frequently Asked Questions About Georgia § 4-6-43
What does Official Code of Georgia Annotated § 4-6-43 cover?
Section 4-6-43 ("Surety bond - Dealers generally.") 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 § 4-6-43?
A common citation format is "Official Code of Georgia Annotated § 4-6-43" (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 § 4-6-43 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.