O.C.G.A.

O.C.G.A. § 16-17-7 (2019)

Prohibition against issuance of certificate of authority from Secretary of State

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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All corporations, limited liability companies, and other business entities which are engaged in payday lending in the State of Georgia are prohibited from obtaining any certificate of authority from the Secretary of State or from the Department of Banking and Finance, and engaging in such payday lending activity in the State of Georgia shall result in the revocation of any existing certificate of authority.

History

Code 1981, § 16-17-7, enacted by Ga. L.

2004, p. 60, § 3; Ga. L. 2005, p. 60, § 16/HB 95.

Notes of Decisions

Cited in 1 case, 2004–2004 · leading case: Bankwest, Inc. v. Baker, 324 F. Supp. 2d 1333 (N.D. Ga. 2004).

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Bankwest, Inc. v. Baker, 324 F. Supp. 2d 1333 (N.D. Ga. 2004). · cites it 4× “O.C.G.A. § 16-17-7. In addition, the site or location where such business is conducted is declared a public nuisance.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.