2007-2008 Regular Session - SB 545
Pawnbrokers; provide for different treatment of title pawn transactions; change definitions; reductions in interest/fees; notice
First Reader Summary
A BILL to be entitled an Act to amend Article 1 of Chapter 4 of Title 7 of the Official Code of Georgia Annotated, relating to interest and usury generally, so as to include title pawn transactions; to amend Title 44 of the Official Code of Georgia Annotated, relating to property, so as to change the laws relating to pawnbrokers; to change definitions; to provide for different treatment of title pawn transactions; to provide for reductions in interest and fees for title pawn transactions; to provide for notice; to provide for criminal and civil penalties; to change provisions relating to pawnbrokers´ liens; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Mar/04/2008 - Senate Read and Referred
Mar/03/2008 - Senate Hopper