Georgia Code
Article 4A - Cashing of Payment Instruments
§ 7-1-709.2. Continuing Effectiveness of Existing Licenses

Every license in force and effect under the former provisions of this article, relating to cashing checks, drafts, or money orders for consideration, on July 1, 2014, shall remain in full force and effect on July 1, 2014, and all such existing licensees shall be required to renew their licenses pursuant to Code Section 7-1-704.
History. Code 1981, § 7-1-709.2 , enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2015, p. 5, § 7/HB 90; Ga. L. 2016, p. 864, § 7/HB 737.
Code Commission notes.
Pursuant to Code Section 28-9-5, in 2014, “July 1, 2014,” was substituted for “the date of enactment of this article” and “July 1, 2014” was substituted for “the effective date of this article” in this Code section.
Editor’s notes.
Ga. L. 2015, p. 5, § 7/HB 90, incorrectly referenced the language near the beginning of this Code section as “Article 4 of Chapter 1 of this title.

Structure Georgia Code

Georgia Code

Title 7 - Banking and Finance

Chapter 1 - Financial Institutions

Article 4A - Cashing of Payment Instruments

§ 7-1-700. Definitions

§ 7-1-701. Licensing for Cash Payment Instruments

§ 7-1-701.1. Exemption From Licensing Requirements

§ 7-1-702. Requirements for Licensure

§ 7-1-702.1. Operation of Mobile Payment Instrument Cashing Facility

§ 7-1-702.2. Authority of Department

§ 7-1-703. Investigation of Applicants; Background Checks of Employees

§ 7-1-703.1. Reporting on Condition to Nationwide Multistate Licensing System and Registry

§ 7-1-703.2. Use of Unique Identifier of Licensee

§ 7-1-704. Renewal of Licenses

§ 7-1-704.1. Posting of License; License Is Nontransferable and Nonassignable; Notification of New Facilities

§ 7-1-705. Written Notice of Claims Against Licensee, Judgments, or Other Misconduct by Employees, Directors, or Others; Written Notice of Change of Executive Officer

§ 7-1-705.1. Approval Required for Change of Control or Ultimate Equitable Owner; Additional Requirements; Denial and Notification of Reasons

§ 7-1-706. Record Keeping Obligations; Investigations and Examinations by the Department; Examination Fees; Administration of Oaths and Issuing of Subpoenas; Confidentiality; Civil Liability

§ 7-1-706.1. Regulatory Interpretation and Enforcement

§ 7-1-707. Required Endorsement by Licensee; Immediate Payments; Deferment of Payment; Identification Requirements; Acceptable Fee for Services

§ 7-1-707.1. Posting of Fees for Cashing Payment Instruments

§ 7-1-708. Grounds for Suspension or Revocation of License; Employment of Individuals Subject to Cease and Desist Order; Administrative Review

§ 7-1-708.1. Denial or Suspension of License for Student Borrowers in Default Prohibited; Denial or Suspension for Failing to Comply With Child Support Requirements

§ 7-1-708.2. Issuance of Cease and Desist Orders; Administrative and Judicial Enforcement; Penalty for Noncompliance

§ 7-1-709. Penalty for Violation of Article

§ 7-1-709.1. No Limitation on Common Law Liability or State Prosecution

§ 7-1-709.2. Continuing Effectiveness of Existing Licenses