Rules relative to escrow accounts

The department may promulgate rules with respect to the placement in escrow accounts by any person required to be licensed by this article of any money, fund, deposit, check, or draft entrusted to it by any persons dealing with it as a residential mortgage loan originator, mortgage broker, mortgage lender, or servicer. 571 History. Code 1981, § 7-1-1015, enacted by Ga. L. 1993, p. 543, § 1; Ga. L. 2009, p. 252, § 1/HB 312; Ga. L. 2024, p. 354, § 1-32/HB 876, effective July 1, 2024. 7-1-1016 Amendments. The 2024 amendment, effective July 1, 2024, deleted “or registered” following “licensed” near the middle of the Code section. 7-1-1016. Regulations relative to advertising.