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§ 20-3-260. Short Title; Name of Program - This part shall be known and may be cited as...
§ 20-3-261. Legislative Findings; Purpose of Corporation - History. Code 1933, § 32-3302, enacted by Ga. L. 1980,...
§ 20-3-262. Definitions - As used in this part, the term: History. Code 1933,...
§ 20-3-263. Corporation Created as Successor to Former Georgia Higher Education Assistance Corporation - History. Ga. L. 1964, p. 735, § 1; Ga. L....
§ 20-3-264. Functions and Composition of Board of Directors; Organization and Conduct of Affairs - History. Code 1933, § 32-3305, enacted by Ga. L. 1980,...
§ 20-3-265. Corporation Officers and Employees; Bonds - The executive director of the commission, or president, if designated...
§ 20-3-266. Powers and Duties of the Corporation; Conflicts With Federal or State Law; Confidentiality - (AA) To gather information on all educational loan funds available...
§ 20-3-267. Accounting System; Use of Funds; Payments to Commission - The corporation shall maintain a system of accounts in accordance...
§ 20-3-268. Annual Audits of Corporation; Distribution of Audit Reports - The state auditor shall make an annual financial audit of...
§ 20-3-269. Loan Guaranties Not State Debt; Directors and Officers Not Personally Liable for Issuance of Guaranties - Loan guaranties issued under this part shall not be deemed...
§ 20-3-270. Loan Guaranties Conditioned on Lenders’ and Holders’ Due Diligence - The guaranty of the corporation on an educational loan made...
§ 20-3-271. Insurance Premiums or Guaranty Fees - The corporation is authorized to charge and collect insurance premiums...
§ 20-3-272. Submission of Lenders’ Billings and Reports to Secretary by Corporation; Use of State Funds to Accelerate Federal Payments - History. Code 1933, § 32-3313, enacted by Ga. L. 1980,...
§ 20-3-273. State Interest Subsidy Payments for Student Borrowers - The corporation is authorized to pay to the lender, on...
§ 20-3-274. Loan Discount Payments to Lenders - In order to provide an additional incentive to lenders to...
§ 20-3-275. Funds Maintained by Corporation - There are created, but not by way of limitation, the...
§ 20-3-276. School Rights Subject to Rules and Regulations - No school and no class, type, or group of “eligible...
§ 20-3-277. Lender Rights Subject to Rules and Regulations - No lender and no class, type, or group of “eligible...
§ 20-3-279. Persons Forbidden to Engage in Business of Furnishing Educational Loan Information or Assistance - It shall not be permissible for any stockholder, director, officer,...
§ 20-3-280. Lender and School Audits; Program Reviews; Corrective Actions - The corporation is authorized: History. Code 1933, § 32-3322, enacted...
§ 20-3-281. Sale, Pledge, or Assignment of Educational Loans - A lender may sell loans guaranteed by the corporation, or...
§ 20-3-282. Contracted Servicing of Loans - The servicing or collection of educational loans held by a...
§ 20-3-283. Contributions Deductible for Income Tax Purposes - Notwithstanding any general or special law or any certificate of...
§ 20-3-284. Exemption of Corporation From Taxation - In that the corporation is a duly created public authority...
§ 20-3-285. Exemption of Lenders From Certain Taxation - One-half of the outstanding principal amount of loans guaranteed by...
§ 20-3-286. Conflicts of Interest Involving Directors, Officers, or Employees of Corporation - If any director, officer, or employee of the corporation shall...
§ 20-3-287. Borrowers Deemed Capable Regardless of Age - For the purpose of applying for, receiving, and repaying any...
§ 20-3-288. Proof of Residency in State - In accordance with the national scope and intent of the...
§ 20-3-289. Eligibility of Students in Default for Other State Student Assistance - Any student who is indebted to the corporation on a...
§ 20-3-290. Corporation Assigned to Commission - The corporation is assigned to the commission for administrative purposes...
§ 20-3-291. Termination and Dissolution of Corporation - The corporation and its corporate existence shall continue until terminated...
§ 20-3-292. Venue of Proceedings Against Corporation - The venue for any legal proceeding brought against the corporation...
§ 20-3-293. General Banking or Insurance Business by Corporation Prohibited - Nothing contained in this part shall be construed to mean...
§ 20-3-294. Operations Reports by Corporation - The corporation is authorized to publish in print or electronically...
§ 20-3-295. Licensing Entities Prohibited From Refusing to Issue License or Suspending or Revoking License of Borrower in Default Under Certain Educational Loan Programs - History. Code 1981, § 20-3-295 , enacted by Ga. L....