SB 465

  • Georgia Senate Bill
  • 2017-2018 Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Interest and Usury; letter of credit from being classified as interest; exempt any charge

Abstract

A BILL to be entitled an Act to amend Chapter 4 of Title 7 of the Official Code of Georgia Annotated, relating to interest and usury, so as to exempt any charge for a letter of credit from being classified as interest; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Bill Sponsors (6)

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Feb 21, 2018

Senate

Senate Hopper

Senate

Senate Read and Referred

  • Referral-Committee
Banking and Financial Institutions

Bill Text

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