Georgia Code
Article 4 - Sale of Payment Instruments
§ 7-1-682. Exemption From Licensing Requirements

The requirement for licensure set forth in this article shall not apply to:
History. Code 1981, § 7-1-682 , enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2019, p. 828, § 27/HB 185; Ga. L. 2020, p. 493, § 7/SB 429; Ga. L. 2021, p. 323, § 35/HB 111; Ga. L. 2022, p. 352, § 7/HB 1428.
The 2019 amendment, effective July 1, 2019, deleted “or” at the end of paragraph (5); added paragraphs (6) through (10); and redesignated former paragraph (6) as present paragraph (11).
The 2020 amendment, effective July 29, 2020, part of an Act to revise, modernize, and correct the Code, substituted “this Code section” for “this section” in paragraph (9).
The 2021 amendment, effective July 1, 2021, substituted “or savings bank when such bank, trust company, credit union, savings and loan association, or savings bank has deposits” for “or savings bank with deposits” in paragraphs (1) and (6).
The 2022 amendment, effective May 2, 2022, part of an Act to revise, modernize, and correct the Code, substituted “clearing-house” for “clearing house” in paragraph (9).

Structure Georgia Code

Georgia Code

Title 7 - Banking and Finance

Chapter 1 - Financial Institutions

Article 4 - Sale of Payment Instruments

§ 7-1-680. Definitions

§ 7-1-681. Licensing Requirements; Engagement in Sale of Payment Instruments or Money Transmission Defined; Liabilities

§ 7-1-682. Exemption From Licensing Requirements

§ 7-1-683. Requirements for Licensure; Fees; Rules and Regulations

§ 7-1-683.1. Locations for Conduct of Business; Contracting With Authorized Agent; Requirements of Agent

§ 7-1-683.2. Bonding

§ 7-1-683.3. Authority of Department

§ 7-1-684. Investigation of Applicants for Licensure; Background Checks on Employees and Others

§ 7-1-684.1. Reporting to Nationwide Multistate Licensing System and Registry

§ 7-1-684.2. Use of Unique Identifier of Licensee

§ 7-1-685. Expiration and Renewal of Licenses

§ 7-1-686. Display of License; License Nontransferable and Nonassignable; Notification of Additional Locations

§ 7-1-687. Notice of Action Against Licensee by Creditor or Claimant; Other Notification Requirements

§ 7-1-688. Approval Required of New Ultimate Equitable Owner, Other Change of Control, or Executive Officer of Licensee; Denial of Application; Application of Statute

§ 7-1-689. Record Keeping; Investigations and Examinations by Department; Subpoenas; Confidentiality; Limitations on Civil Liability

§ 7-1-690. Enforcement; Enactment of Rules and Regulations

§ 7-1-691. Prohibited Activities While Engaged in Sale of Checks or Money Transmission

§ 7-1-692. Suspension or Revocation of License; Failure to Issue License; Grounds; Administrative Review

§ 7-1-693. Applicant or Licensee as Borrower in Default; Failure to Pay Child Support Prohibits Licensure

§ 7-1-694. Cease and Desist Orders From Unauthorized Activities; Civil Penalties for Violations; Judicial Review; Administrative Fines

§ 7-1-695. Liability for Payment

§ 7-1-696. Penalties for Violations

§ 7-1-697. No Limitation on Common Law Liability or State Prosecution

§ 7-1-698. Continuing Effectiveness of Existing Licenses