2010 Georgia Code 7-3-18 Case Law
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Phone: 904-383-7448
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Fax: 904-638-4726

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One Click Case Law for § 7-3-18
O.C.G.A. § 7-3-17 <-- --> O.C.G.A. §7-3-19



2010 Georgia Code

TITLE 7 - BANKING AND FINANCE

CHAPTER 3 - INDUSTRIAL LOANS
§ 7-3-18 - Delivery of copy of contract or itemized statement; receipts

O.C.G.A. 7-3-18 (2010)
7-3-18. Delivery of copy of contract or itemized statement; receipts


At the time the loan is made, each licensee under this chapter shall deliver to the borrower or, if there are two or more, to one of them a copy of the loan contract or a written itemized statement in the English language showing in clear terms the date and amount of the loan, a schedule of the payments or a description thereof, the type of security for the loan, the licensee's name and address, the actual cash advanced to or on behalf of the borrower, the amount of each class of insurance carried and the premiums paid thereon, and the amount of interest and fees. Each licensee shall give a receipt for every cash payment made.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com