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Georgia General Assembly > Legislation
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2017-2018 Regular Session - SB 465
Interest and Usury; letter of credit from being classified as interest; exempt any charge
Sponsored By
Committees
First Reader Summary
A BILL to be entitled an Act to amend Chapter 4 of Title 7 of the Official Code of Georgia Annotated, relating to interest and usury, so as to exempt any charge for a letter of credit from being classified as interest; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
Status History
Feb/21/2018 - Senate Read and Referred
Feb/21/2018 - Senate Hopper
Versions
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