The Service: Deposit as a Statutory Notarial Act (Article 38)
Article 38 of the Law of Georgia on Notaries sets out the full list of notarial acts a notary performs, and the deposit appears on that list directly: the notary takes money, securities and valuables into deposit. That drafting detail matters more than it first seems. Placing value with a notary is not a matter of an individual notary’s discretion or local custom — it is a statutory notarial act with a formally defined procedure. The Legal.ge team walks you through this route end to end: we assess how well a deposit fits your situation, plan the formalisation of the property to be deposited, and prepare the documentation the act requires.
In practice, a deposit is used when money or another valuable must change hands under a formal, independent procedure — for example, to secure the performance of obligations arising from a transaction. The rules governing the subsequent release or return of the deposited value are established by other norms of the legislation; we verify those details against your specific case at the consultation stage and explain each one separately, so that nothing remains vague.