Title 7 — Banking and Finance
0 chapters · 568 sections in this title.
O.C.G.A. § 7-6A-1 Short title
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This chapter shall be known and may be cited as the “Georgia Fair Lending Act.” 776 History. Code 1981, § 7-6A-1, enacted by Ga. L. 2002, p. 455, § 1; Ga. L. 2003, p. 1, § 1.
O.C.G.A. § 7-6A-10 Severability of chapter
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The provisions of this chapter shall be severable and, if any phrase, clause, sentence, or provision is declared to be invalid or is preempted by federal law or regulation, the validity of the remainder of this chapter shall not be affected thereby. If any provision of this chapt…
O.C.G.A. § 7-6A-11 Preemption of local regulation
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No municipality or county shall enact any ordinance or law that regulates the terms of home loans or that makes the eligibility of any person or entity to do business with the municipality or county dependent upon the terms of home loans originated or serviced by such person or e…
O.C.G.A. § 7-6A-12 Application; preemption by federal law
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The provisions of this chapter shall not apply to any bank, trust company, savings and loan, savings bank, credit union, or subsidiary thereof, respectively, that is chartered under the laws of this state or any other state only to the extent federal law precludes or preempts or …
O.C.G.A. § 7-6A-13 Short title, §7-6A-1
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GEORGIA INDUSTRIAL LOAN ACT. Installment loans generally, §§7-3-1 to 7-3-52. GEORGIA INSTALLMENT LOAN ACT. General provisions, §§7-3-1 to 7-3-52. Short title, §7-3-1. GEORGIA MERCHANT ACQUIRER LIMITED PURPOSE BANK ACT. General provisions, §§7-9-1 to 7-9-13. Short title, §7-9-1. G…
O.C.G.A. § 7-6A-2 Definitions
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As used in this chapter, the term: (1) “Acceleration” means a demand for immediate repayment of the entire balance of a home loan. (2) “Affiliate” means any company that controls, is controlled by, or is under common control with another company, as set forth in 12 U.S.C. Section…
O.C.G.A. § 7-6A-3 Limitations of home loans
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All home loans shall be subject to the following limitations and prohibited practices: (1) No creditor shall make a home loan that finances, directly or indirectly: (A) Any credit life, credit accident, credit health, credit personal property, or credit loss-of-income insurance, d…
O.C.G.A. § 7-6A-5 Limitations of high-cost home loans
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High-cost home loans shall be subject to the following limitations and prohibited practices: (1) No prepayment fees or penalties shall be provided for in the loan documents for a high-cost home loan or charged the borrower after the last day of the twenty-fourth month following t…
O.C.G.A. § 7-6A-6 Remedies for violations, §7-6A-7
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Rules and regulations, §7-6A-13. Severability of provisions, §7-6A-10. Short title, §7-6A-1. FAUCETS. Buildings and housing requirements, §8-2-3. FEES. ATM’s transaction fee, §7-1-295. 1136 INDEX FEES —Cont’d Automatic teller machines. Transaction fee, §7-1-295. Banks and trust c…
O.C.G.A. § 7-6A-7 Violation of chapter
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(a) Any creditor found by a preponderance of the evidence to have violated this chapter shall be liable to the borrower for the following: (1) Actual damages, including consequential and incidental damages; (2) Statutory damages equal to the recovery of two times the interest pai…
O.C.G.A. § 7-6A-8 Enforcement of chapter; penalties for violations
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(a) The Attorney General, the district attorneys of this state, and the commissioner of banking and finance shall have jurisdiction to enforce this chapter through their general regulatory powers and through civil process. The Commissioner of Insurance shall have like authority to…