On May 5, 2015, Governor Nathan Deal of Georgia signed a law amending O.C.G.A. § 34-7-2 and allowing Georgia employers to pay their employees through credit to a payroll card account. The law defines a "payroll card account" as:
- an account that is directly or indirectly established through a person, firm, or corporation employing wageworkers or other employees and to which electronic fund transfers of the wages or salary of such employees are made on a recurring basis, whether the account is operated or managed by such person, firm, or corporation or a third-party payroll processor, a depository institution, or any other person.
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This client alert is intended to inform clients and other interested parties about legal matters of current interest and is not intended as legal advice.