Georgia House of Representatives
HB 727 - Lender self-referral Act; enact

Sponsor and CoSponsors
Barnes, Roy E
Links / Committees / Status
Summary / Full Text HC: B&B SC:
F/R: 02/14/95 L/A: 02/15/95 H - Read 2nd Time
Titles Amended:
Bill List Legislation List Clerk's Page

First Reader Summary

A BILL to amend Chapter 1 of Title 7 of the Official Code of Georgia Annotated, known as the "Financial Institutions Code of Georgia," so as to prohibit certain self-referrals by mortgage lenders or affiliated entities thereof; to provide a short title; to provide for definitions; to provide that no mortgage lender or affiliated entity thereof shall profit, either directly or indirectly, from any ancillary loan closing service as part of a real estate loan transaction; and for other purposes.

Actions Taken

               HOUSE                          SENATE
              2/14/95  Read 1st Time                        
              2/15/95  Read 2nd Time                        

Code Sections

Code Sections amended:

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Office of the Clerk of the House
Robert E. Rivers, Jr., Clerk of the House
Last Updated on 01/08/97