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Can you summarize GACO 16-9-21?
Deposit Account Fraud > Printing, executing, or negotiating checks, drafts, orders, or debit card sales drafts knowing information thereon to be in error, fictitious, or assigned to another account holder.
Short Summary
This legal document, found in the Georgia Code under Crimes and Offenses, specifically in the section on Forgery and Fraudulent Practices, pertains to the unlawful act of printing, executing, or negotiating checks, drafts, orders, or debit card sales drafts while knowing that the account number, routing number, or other information printed on such documents is in error, fictitious, or assigned to another account holder or financial institution. The document states that any person who violates this provision shall be subject to a fine of up to $5,000.00 or imprisonment for a period ranging from one to five years, or both. The document does not mention any exemptions. It is important to note that this summary is based on the provided legal document content and may not include any additional context or interpretations.
Whom does it apply to?
Any person
What does it govern?
Printing, executing, or negotiating checks, drafts, orders, or debit card sales drafts knowing information thereon to be in error, fictitious, or assigned to another account holder
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
A fine of not more than $5,000.00 or imprisonment for not less than one year nor more than five years, or both
Jurisdiction
Georgia