Georgia § 50-5A-3 - Property of state treasurer liable for faithful performance; lien in favor of state.
Full text of Georgia Official Code of Georgia Annotated § 50-5A-3 — Property of state treasurer liable for faithful performance; lien in favor of state., with citation guidance and answers to common questions.
§ 50-5A-3. Property of state treasurer liable for faithful performance; lien in favor of state.
The surety may, by express stipulation in writing, limit its liability to a specific sum to be stated in the bond of the state treasurer, and all the property of the state treasurer to the full amount of the bond and the property of the securities to the amount for which they may be severally bound shall be liable for the faithful performance by the state treasurer of the duties of the office from the date of the execution of the bond. A lien is created in favor of the state upon the property of the state treasurer to the amount of the bond and upon the property of the securities upon the bond to the amount for which they may be severally liable, from the date of the execution of the bond. (Ga. L. 1876, p. 126, § 3; Code 1882, § 91a; Civil Code 1895, § 189; Civil Code 1910, § 218; Code 1933, § 40-1002; Ga. L. 1972, p. 1015, §§ 408, 408B, 2102, 2104; Code 1981, § 50-5-4; Code 1981, § 50-5A-3 , as redesignated by Ga. L. 1993, p. 1402, § 2; Ga. L. 2010, p. 863, § 1/SB 296.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 50-5A-3
What does Official Code of Georgia Annotated § 50-5A-3 cover?
Section 50-5A-3 ("Property of state treasurer liable for faithful performance; lien in favor of state.") 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 § 50-5A-3?
A common citation format is "Official Code of Georgia Annotated § 50-5A-3" (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 § 50-5A-3 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.