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Georgia General Assembly > Legislation
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2007-2008 Regular Session - HB 420
Georgia Industrial Loan Act of 2007; enact
Sponsored By
Committees
First Reader Summary
A BILL to be entitled an Act to repeal and reenact Chapter 3 of Title 7 of the Official Code of Georgia Annotated, relating to industrial loans, so as to add protections for consumers who are customers for these loans; to provide for purposes and definitions; to provide for exemptions; to provide for powers and duties of the Industrial Loan Commissioner; to provide for licensure and fees; to provide for maintenance of books and records by licensees; to prohibit false advertising; to provide for maximum charges; to provide for penalties; to provide for suspension or revocation of license; to provide for judicial review; to provide for related matters; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.
Status History
Feb/15/2007 - House Second Readers
Feb/14/2007 - House First Readers
Feb/13/2007 - House Hopper
Versions
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