O.C.G.A.
O.C.G.A.

7-6A-13 (2019)

Rules and regulations; reliance on guidance from department

✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
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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Without limitations on the power conferred by Chapter 1 of this title, the Department of Banking and Finance shall have the authority to promulgate rules and regulations not inconsistent with law for the enforcement of this chapter to effectuate the purposes of this chapter and to clarify the meaning of terms. In complying with this chapter, a creditor’s good faith reliance on any formal or informal written guidance of the Department of Banking and Finance previously made available to the general public shall constitute prima-facie evidence of compliance with this chapter. The provisions of this Code section shall apply even if, following the reliance, such guidance is amended, rescinded, or determined by any judicial or other authority to be invalid.

History

Code 1981, § 7-6A-13, enacted by Ga. L. 2003, p. 1, § 1.

Annotations

Law reviews. For note on the 2003 enactment of this

Code section, see 20 Ga. St. U.L. Rev. 1 (2003).

CHAPTER 7 LOAN BROKERS Sec.

Definitions. Prohibited practices. Liability of principals. Borrower’s remedies for violation of chapter.

Sec.

Operation of chapter not limitable by contract or agreement. Penalties.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2022–2022 · leading case: Michael L. Crowe v. Claude T. Scissom, 877 S.E.2d 659 (Ga. Ct. App. 2022).
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Michael L. Crowe v. Claude T. Scissom, 877 S.E.2d 659 (Ga. Ct. App. 2022). · cites it 2× “23 OCGA § 7-6A-13. Consequently, the limitations imposed on the licensing authority of the Department of Banking and Finance by OCGA § 7-1-1001 are inapposite and have no bearing on GAFLA.”
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.