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10 chapters · 671 sections in this title.
O.C.G.A. § 7-3-1 Short title
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This chapter shall be known and may be cited as the “Georgia Installment Loan Act.” History. Ga. L. 1955, p. 431, § 1; Ga. L. 1997, p. 143, § 7; Ga. L. 2020, p. 156, § 2/SB 462.
O.C.G.A. § 7-3-2 Transfer to Department of Banking and Finance
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(a) The powers, functions, and duties of the office of the Commissioner of Insurance relative to this chapter are transferred to the Department of Banking and Finance effective July 1, 2020. All action taken by the office of the Commissioner of Insurance prior to that date shall …
O.C.G.A. § 7-3-3 Definitions
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As used in this chapter, the term: (1) “Control” or “controlling” means the direct or indirect possession of power to direct or cause the direction of management and policies of a person. (2) “Covered employee” means any employee of a licensee engaged in any function related to m…
O.C.G.A. § 7-3-4 Licensing requirement; exemptions
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(a) No person shall engage in the business of making installment loans or acting as an installment lender in this state unless such person is licensed in accordance with this chapter or exempt from licensure as provided in subsection (b) of this Code section. No person within the…