Purpose

Definitions. Reporting requirements. Access to reports. Civil penalties; action for recovery. Criminal penalties; penalties imposed by other Code sections not superseded. Forfeiture of property involved in illegal transactions. Venue for the offense of money laundering. 7-1-957. 7-1-958. Article 13 Licensing of Mortgage Lenders and Mortgage Brokers 7-1-1000. 7-1-1001. Article 12 Small Minority Business Development Corporations 7-1-940. 7-1-941. poration; subscription and acknowledgment. Approval of articles by department. Standards for approval of articles by department; timing. Filing departmental approval with Secretary of State. Corporate powers. Bond and stock holding authority; member loans to corporation not discriminatory. Application for membership; requirements for loans to corporation; member loan limits. Duration of membership; withdrawal. Powers of shareholders and members. Amendment of articles. Board of directors; officers and agents. Setting apart net earnings; fiscal year. Deposit of corporate funds. Departmental power over corporations. First meeting. Duration of corporation; dissolution. State indebtedness not to be created. Tax exemptions, credits, and privileges; occupational license taxes. 7-1-1001.1. Definitions.