History. Code 1981, § 7-1-693 , enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2019, p. 462, § 1-2/SB 214.
The 2019 amendment, effective July 1, 2019, in subsection (a), rewrote the first sentence, which read: “Where an applicant or licensee has been found to be a borrower in default, as defined in Code Section 20-3-295, such action shall be sufficient grounds for refusal of a license or suspension of a license.” and deleted the former last two sentences, which read: “In such actions, the hearing and appeal procedures provided for in said Code section shall be the only procedures required under this article. The department shall be permitted to share, without liability, information on its applications or other forms with appropriate state agencies to assist them in collecting outstanding student loan debt.
Structure Georgia Code
Chapter 1 - Financial Institutions
Article 4 - Sale of Payment Instruments
§ 7-1-682. Exemption From Licensing Requirements
§ 7-1-683. Requirements for Licensure; Fees; Rules and Regulations
§ 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
§ 7-1-690. Enforcement; Enactment of Rules and Regulations
§ 7-1-691. Prohibited Activities While Engaged in Sale of Checks or Money Transmission
§ 7-1-695. Liability for Payment
§ 7-1-696. Penalties for Violations
§ 7-1-697. No Limitation on Common Law Liability or State Prosecution