Supreme Court of Georgia

Blach v. Diaz-Verson.

February 5, 2018810 S.E.2d 129

Summary

The court held that an insurance company is not a "financial institution" under Georgia's garnishment statute when garnished for earnings owed to the defendant in the company's capacity as employer. Although insurance companies appear in the statutory definition, the statutory scheme limits the five-day financial-institution garnishment procedure to entities holding the defendant's funds in an account or as savings or investments. The court therefore answered the certified question in the negative.