O.C.G.A.

O.C.G.A. § 7-1-958 (2019)

Tax exemptions, credits, and privileges; occupational license taxes

✓ 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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(a) Any tax exemptions, tax credits, or tax privileges granted to

banks or trust companies and other lending institutions by any general laws of this state are granted to corporations organized pursuant to this article. (b) Every corporation organized and engaged in business under this article shall pay an annual state occupational license tax of $50.00. Counties and municipalities are authorized, in addition, to levy the occupational license taxes as prescribed; provided, however, that no county or municipality shall levy any such occupational license tax in a greater amount than those prescribed.

History

Code 1981, § 7-1-958, enacted by Ga. L. 1988, p. 804, § 1; Ga. L. 2016, p. 390,

§ 7-4/HB 811; Ga. L. 2017, p. 774, § 7/HB 323.

ARTICLE 13 LICENSING OF MORTGAGE LENDERS AND MORTGAGE BROKERS

Annotations

Cross references. Real estate brokers’ license requirement, § 44-3-190. Law reviews. For note on 1993 enactment of this article, see 10 Ga. St. U.L. Rev. 11 (1993). For note on the 1994 amendments of Code Sections 7-1-1000 to 7-1-1006, 7-1-1008, 7-1-1010 to 7-1-1011, 7-1-1014, 7-1-1016 to 7-1-1018 and enactment of

Code Section 7-1-1021 of this article, see 11 Ga. St. U.L. Rev. 41 (1994). For comment, “Regulation X: A New Direction for the Regulation of Mortgage Servicers,” see 63 Emory L. J. 175 (2013). For comment, “Amidst the Walking Dead: Judicial and Nonjudicial Approaches for Eradicating Zombie Mortgages,” see 65 Emory L.J. 795 (2016).

RESEARCH REFERENCES C.J.S. 59 C.J.S., Mortgages, § 73 et seq.