Georgia § 7-1-294 - Transaction of business on holidays and outside of banking hours.
Full text of Georgia Official Code of Georgia Annotated § 7-1-294 — Transaction of business on holidays and outside of banking hours., with citation guidance and answers to common questions.
§ 7-1-294. Transaction of business on holidays and outside of banking hours.
Notwithstanding any existing provisions of law relative to the time of maturity or presentment of negotiable instruments, any financial institution doing business in this state may, at its option, outside of regular banking hours on any day, or at any time on a day which is in whole or in part a holiday, pay, certify, or accept negotiable or nonnegotiable instruments including a demand instrument dated on the holiday on which it is presented for payment, certification, or acceptance and transact any other business which would be valid if done on a business day during regular banking hours. Nothing in this Code section shall require any financial institution which remains open for business on all or a part of any holiday to do or perform any act on that day in its capacity as a collection agent which would not be required of it if it were closed on such holiday or part holiday. (Code 1933, § 14-1809.2, enacted by Ga. L. 1949, p. 352, § 1; Ga. L. 2017, p. 193, § 7/HB 143.) Cross references. - Public, legal and religious holidays, §§ 1-4-1 , 1-4-2 . Definition of "banking day" for purposes of the Uniform Commercial Code, § 11-4-104 .
Frequently Asked Questions About Georgia § 7-1-294
What does Official Code of Georgia Annotated § 7-1-294 cover?
Section 7-1-294 ("Transaction of business on holidays and outside of banking hours.") 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 § 7-1-294?
A common citation format is "Official Code of Georgia Annotated § 7-1-294" (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 § 7-1-294 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.