The department may promulgate rules with respect to the placement in escrow accounts by any person required to be licensed or registered by this article of any money, fund, deposit, check, or draft entrusted to it by any persons dealing with it as a residential mortgage loan originator, mortgage broker, mortgage lender, or servicer.
History. Code 1981, § 7-1-1015 , enacted by Ga. L. 1993, p. 543, § 1; Ga. L. 2009, p. 252, § 1/HB 312.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 13 - Licensing of Mortgage Lenders and Mortgage Brokers
§ 7-1-1003. Applications for Licenses
§ 7-1-1003.2. Financial Requirements for Licensing and Registration; Bond Requirements
§ 7-1-1003.3. Application for Registration
§ 7-1-1003.5. Nationwide Multistate Licensing System and Registry
§ 7-1-1003.6. Privileged or Confidential Nature of Information; Exception
§ 7-1-1004.1. Reports of Condition
§ 7-1-1004.2. Licensees’ Ability to Challenge Information
§ 7-1-1005. Renewal of Licenses and Registrations; Expiration
§ 7-1-1010. Annual Financial Statements
§ 7-1-1012. Rules and Regulations
§ 7-1-1013. Prohibition of Certain Acts
§ 7-1-1014. Regulations Governing Disclosure Required to Applicants for Mortgage Loans
§ 7-1-1015. Rules Relative to Escrow Accounts
§ 7-1-1016. Regulations Relative to Advertising
§ 7-1-1018. Cease and Desist Orders; Enforcement Procedure; Civil Penalty; Fines
§ 7-1-1019. Criminal Penalties
§ 7-1-1021. Regulations Governing Lock-in and Commitment Agreements