(a) Any person engaged in debt adjusting shall disburse to the appropriate creditors all funds received from a debtor, less any fees authorized by this chapter, within 30 days of receipt of such funds. (b) Any person engaged in debt adjusting shall maintain a separate trust account for the receipt of any and all funds from debtors and the disbursement of such funds on behalf of debtors. History. Code 1981, § 18-5-3.2, enacted by Ga. L. 2003, p. 392, § 5.
Timing of disbursements to appropriate creditors; trust account required
O.C.G.A. § 18-5-3.2, under DEBT ADJUSTMENT.
O.C.G.A. § 18-5-3.2