2017-2018 Regular Session - SB 465
Interest and Usury; letter of credit from being classified as interest; exempt any charge
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.
Feb/21/2018 - Senate Read and Referred
Feb/21/2018 - Senate Hopper