Georgia Code, Title 16, Chapter 17 - Payday Lending

• § 16-17-1 - "Payday Lending" Defined; Legislative Findings; Prohibited Activity; No Impairment of Agencies With Concurrent Jurisdiction
  (a) Without limiting in any manner the scope of this chapter, "payday lending" as used in this chapter encompasses all transactions in which funds...
• § 16-17-2 - Prohibition on Loans of Less Than $3,000.00; Exceptions; Penalty for Violations
  (a) It shall be unlawful for any person to engage in any business, in whatever form transacted, including, but not limited to, by mail,...
• § 16-17-3 - Collection of Indebtedness Barred; Civil Action Permitted by Borrowers
  Any person who violates subsection (a) or (b) of Code Section 16-17-2 shall be barred from the collection of any indebtedness created by said...
• § 16-17-4 - Liability for Civil Penalty to State; Distribution of Proceeds
  (a) Any person who violates subsection (a) or (b) of Code Section 16-17-2 shall be liable to the state for a civil penalty equal...
• § 16-17-5 - Tax on Loans
  (a) There is imposed a state tax on all loans made in violation of this chapter. Such tax shall be administered and collected in...
• § 16-17-6 - Evidence and Investigation in Pursuit of Prosecutions
  In regard to any loan transaction that is alleged to be in violation of subsection (a) of Code Section 16-17-2, the trial court shall...
• § 16-17-7 - Prohibition Against Issuance of Certificate of Authority From Secretary of State
  All corporations, limited liability companies, and other business entities which are engaged in payday lending in the State of Georgia are prohibited from obtaining...
• § 16-17-8 - Site of Payday Lending is Public Nuisance
  The site or location of a place of business where payday lending takes place in the State of Georgia is declared a public nuisance.
• § 16-17-9 - Special Provisions for Borrowers Who are Members of the Military or Their Respective Spouses
  (a) In addition to the other obligations and duties required under this chapter, if the customer is a member of the military services of...
• § 16-17-10 - Severability
  If any provision of this chapter or the application of such provision is found by a court of competent jurisdiction in the United States...

Last modified: October 14, 2016