reglab/housing_qa huggingface dataset:
GA Code § 7-1-685 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-685. Expiration and Renewal of Licenses

 Except as otherwise specifically provided in this article, all licenses issued pursuant to this article shall expire on December 31 of each year, and each application for renewal shall be made annually on or before December 1 of each year. A license may be renewed by the filing of an application substantially conforming to the requirements of Code Section 7-1-683 as specifically modified in the department's rules and regulations. No investigation fee shall be payable in connection with such renewal application. However, an annual license fee established by rule or regulation of the department to defray the cost of supervision shall be paid with each renewal application and shall not be refunded or prorated.    (Code 1981, §7-1-685, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2015, p. 5, § 7/HB 90.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 10 Am. Jur. 2d, Banks and Financial Institutions, § 177 et seq. 11 Am. Jur. 2d, Banks and Financial Institutions, § 1196.
GA Code § 7-1-686 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-686. Display of License; License Nontransferable and Nonassignable; Notification of Additional Locations

  A license issued pursuant to this article shall be kept conspicuously posted in the place of business of the licensee. If the licensee has no physical location in this state, then a copy of such license and the licensee's unique identifier shall be clearly posted and accessible through whichever medium the licensee engages in the sale of payment instruments or money transmission in this state.   Such license shall not be transferable or assignable.   No licensee shall engage in the sale of payment instruments or money transmissions under any name or names other than those authorized by the department in writing.   A licensee shall give written notice to the department of its intent to operate any new or additional locations, including, but not limited to, locations operated by an authorized agent, not reported in either its original or renewal application. The required notice shall be in such form and contain such information as required by the department.     (Code 1981, §7-1-686, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2015, p. 344, § 27/HB 184.)
GA Code § 7-1-688 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-688. Approval Required of New Ultimate Equitable Owner, Other Change of Control, or Executive Officer of Licensee; Denial of Application

  Except as provided in this Code section, no person shall become an ultimate equitable owner of any licensee through acquisition or other change in control or become an executive officer of a licensee as a result of such acquisition or other change in control unless the person has first received written approval for such acquisition, change in control, or designation as an executive officer from the department. In order to obtain such approval, such person shall:   File an application with the department in such form as the department may prescribe from time to time;   Provide such other information as the department may require concerning the financial responsibility, background, experience, and activities of the applicant, its directors and executive officers, if a corporation, and its members, if applicable, and of any proposed new directors, executive officers, members, or ultimate equitable owners of the licensee; and   Pay such application fee as the department may prescribe.     The department may prescribe additional requirements for approval of such acquisition, change in control, or designation as an executive officer as a result of such acquisition or other change in control through rules and regulations.   If the application is denied, the department shall notify the applicant of the denial and the reasons for the denial.     (Code 1981, §7-1-688, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2018, p. 214, § 19/HB 780.)    The 2018 amendment,  effective May 3, 2018, inserted "as a result of such acquisition or other change in control" in the first sentence of the introductory paragraph of subsection (a) and in subsection (b). See Editor's notes for applicability.   Editor's notes.   - Ga. L. 2018, p. 214, § 26(b)/HB 780, not codified by the General Assembly, provides that: "It is not the intent of the General Assembly to affect the law applicable to litigation pending as of March 9, 2018."
GA Code § 7-1-690 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-690. Enforcement; Enactment of Rules and Regulations

  Without limiting the power conferred by Article 1 of this chapter, the department may make reasonable rules and regulations, not inconsistent with law, for the interpretation and enforcement of this article.   The department is authorized to enact rules and regulations that apply solely to persons engaged in money transmission or the sale of payment instruments involving virtual currency. The department shall enact such rules and regulations it finds necessary to:   Foster the growth of businesses engaged in money transmission or the sale of payment instruments involving virtual currency in Georgia and spur state economic development;   Ensure the continued solvency, safety, soundness, and prudent conduct of persons engaged in money transmission or the sale of payment instruments involving virtual currency;   Ensure fair, timely, and equitable fulfillment of the financial obligations of such persons;   Protect customers of businesses engaged in money transmission or the sale of payment instruments involving virtual currency from financially impaired or insolvent providers of such services;   Encourage high standards of honesty, transparency, fair business practices, and public responsibility;   Eliminate financial fraud, other criminal abuse, and unethical conduct in the industry; and   Ensure businesses engaged in money transmission or the sale of payment instruments involving virtual currency provide customers with timely and understandable information in order that customers may make informed decisions about virtual currency products and services.       (Code 1981, §7-1-690, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2016, p. 390, § 1-7/HB 811.)
GA Code § 7-1-691 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-691. Prohibited Activities While Engaged in Sale of Checks or Money Transmission

 It shall be prohibited for any person engaged in the sale of checks or money transmission in this state, including any person required to be licensed under this article, to:    Sell payment instruments as an agent of a principal seller who is not exempt from the licensure requirements under Code Section 7-1-682 and has not obtained a license hereunder, and any person who does so shall be deemed to be the principal seller thereof and not merely an agent and shall be liable to the payment instrument holder or remitter as the principal seller;   Receive, transmit, or handle monetary value on behalf of another or issue a payment instrument and not be exempt from licensure under Code Section 7-1-682, and any person who does so shall be liable to the payment instrument holder for the payment thereof to the same extent as a drawer of a negotiable instrument, whether or not the payment instrument is a negotiable instrument under Article 3 of Title 11;   Fail to transmit moneys received within five business days of receiving such moneys; or   Engage in any activity that would subject a licensee to suspension or revocation of its license under this article or any activity that the department may prohibit pursuant to rule or regulation, whether or not the person has a license.     (Code 1981, §7-1-691, enacted by Ga. L. 2014, p. 251, § 1/HB 982.)   RESEARCH REFERENCES   Am. Jur. 2d.   - 10 Am. Jur. 2d, Banks and Financial Institutions, § 872 et seq.
GA Code § 7-1-693 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-693. Applicant or Licensee as Borrower in Default; Failure to Pay Child Support Prohibits Licensure

  Where an applicant or licensee has been found to be a borrower in default under the Georgia Higher Education Loan Program as determined by the Georgia Higher Education Assistance Corporation or has been certified by any entity of the federal government for nonpayment or default or breach of a repayment or service obligation under any federal educational loan, loan repayment, or service conditional scholarship program, such action shall not be grounds for refusal of a license or suspension of a license.   Where an applicant or licensee has been found not in compliance with an order for child support as provided in Code Section 19-6-28.1 or 19-11-9.3, such action shall be sufficient grounds for refusal of a license or suspension of a license. In such actions, the hearing and appeal procedures provided for in Code Section 19-6-28.1 or 19-11-9.3 shall be the only such procedures required under this article. The department shall be permitted to share, without liability, information on its applications or other forms with appropriate state agencies to assist them in recovering child support when required by law.     (Code 1981, §7-1-693, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2019, p. 462, § 1-2/SB 214.)    The 2019 amendment,  effective July 1, 2019, in subsection (a), rewrote the first sentence, which read: "Where an applicant or licensee has been found to be a borrower in default, as defined in Code Section 20-3-295, such action shall be sufficient grounds for refusal of a license or suspension of a license." and deleted the former last two sentences, which read: "In such actions, the hearing and appeal procedures provided for in said Code section shall be the only procedures required under this article. The department shall be permitted to share, without liability, information on its applications or other forms with appropriate state agencies to assist them in collecting outstanding student loan debt."
GA Code § 7-1-695 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-695. Liability for Payment

 Every payment instrument issued in the conduct of the business regulated by this article shall be signed by the licensee or its authorized agent, and the licensee shall be liable for the payment thereof to the same extent as a drawer of a negotiable instrument, whether or not the payment instrument is a negotiable instrument under Article 3 of Title 11.    (Code 1981, §7-1-695, enacted by Ga. L. 2014, p. 251, § 1/HB 982.)
GA Code § 7-1-696 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-696. Penalties for Violations

 Any person, partnership, association, or corporation and the several members, officers, directors, agents, ultimate equitable owners, and employees thereof that shall violate any of the provisions of this article shall be guilty of a misdemeanor, which shall be punishable by imprisonment for not more than one year or by a fine of not more than $500.00, or by both such fine and imprisonment.    (Code 1981, §7-1-696, enacted by Ga. L. 2014, p. 251, § 1/HB 982.)   OPINIONS OF THE ATTORNEY GENERAL   Fingerprinting not required.    - Pursuant to authority granted to the Attorney General in O.C.G.A. § 35-3-33(a)(1)(A)(v), any misdemeanor offenses arising under O.C.G.A. §§ 7-1-696 and7-1-709, are not at this time designated as ones for which those charged are to be fingerprinted. 2014 Op. Att'y Gen. No. 2014-2.
GA Code § 7-1-697 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-697. No Limitation on Common Law Liability or State Prosecution

 Nothing in this article shall limit any statutory or common law right of any person to bring any action in any court for any act involved in the transmission of money or selling of payment instruments or the right of the state to punish any person for any violation of any law.    (Code 1981, §7-1-697, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2015, p. 344, § 28/HB 184.)
GA Code § 7-1-698 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4 - Sale of Payment Instruments|§ 7-1-698. Continuing Effectiveness of Existing Licenses

 Every license in force and effect under the former provisions of this article, relating to sale of checks and money orders, on July 1, 2014, shall remain in full force and effect on July 1, 2014, and all such existing licensees shall be required to renew their licenses pursuant to Code Section 7-1-685.    (Code 1981, §7-1-698, enacted by Ga. L. 2014, p. 251, § 1/HB 982; Ga. L. 2015, p. 5, § 7/HB 90.)   Code Commission notes.   - Pursuant to Code Section 28-9-5, in 2014, "July 1, 2014" was substituted for "the date of enactment of this article" and "July 1, 2014" was substituted for "the effective date of this article" in this Code section.
GA Code § 7-1-701 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-701. Licensing for Cash Payment Instruments

  Pursuant to this article, the department may license a person to cash payment instruments.   No person shall cash payment instruments without first obtaining a license under this article.   Every person that directly or indirectly controls another person that violates subsection (b) of this Code section, each general partner, executive officer, joint venture, ultimate equitable owner, or director of such person, and every person occupying a similar status or performing similar functions as such person violates with and to the same extent as such person. Any person who directly or indirectly controls a person who violates subsection (b) of this Code section may avoid liability if such person sustains the burden of proof that the person did not know and, in the exercise of reasonable care, could not have known of the existence of the facts by reason of which the original violation is alleged to exist.     (Code 1981, §7-1-701, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-701.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-701.1. Exemption From Licensing Requirements

 The requirement for licensure set forth in this article shall not apply to:    Any state or federally chartered bank, trust company, credit union, savings and loan association, or savings bank with deposits that are federally insured;   The United States Postal Service;   A state or federal governmental department, agency, authority, or instrumentality and its agents;   Any foreign bank that establishes a federal branch pursuant to the International Bank Act, 12 U.S.C. Section 3102;   Any person who accepts a payment instrument from a person in exchange for monetary value but does not charge a fee; or   An individual employed by a licensee or any person exempted from the licensing requirements of this article when acting within the scope of employment and under the supervision of the licensee or exempted person as an employee and not as an independent contractor.     (Code 1981, §7-1-701.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-702 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-702. Requirements for Licensure

  Each applicant for a license under this article shall:   Submit an application in writing, which is made under oath and in such form as the department may prescribe;   Furnish to the Nationwide Multistate Licensing System and Registry the following information:   The legal name and principal office address of the person applying for the license;   The name, residence, and business address of each director, ultimate equitable owner, and executive officer;   If the applicant has one or more branches or other locations at or through which the applicant proposes to cash payment instruments within this state, the complete address of each such location; and   The location where the initial registered office will be located in this state; and     Submit such other data, financial statements, and pertinent information as the department may require with respect to the applicant, its directors, trustees, officers, members, ultimate equitable owners, or agents.     The application for license shall be filed together with:   An investigation and supervision fee established by rule or regulation which shall not be refundable but which, if the license is granted, shall satisfy the fee requirement for the first licensed year or the remaining part thereof;   Items required by other provisions of this article, including but not limited to Code Section 7-1-703 and subsection (c) of Code Section 7-1-707; and   Other information as may be required by the department.     The department shall pay all fees received from licensees and applicants related to applications, licenses, and renewals to the Office of the State Treasurer; provided, however, that the department may net such fees to recover the cost of participation in the Nationwide Multistate Licensing System and Registry.   The department shall enact rules and regulations regarding the time frame by which all persons must submit an original or renewal application for licensure through the Nationwide Multistate Licensing System and Registry.     (Code 1981, §7-1-702, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2020, p. 493, § 7/SB 429.)    The 2020 amendment,  effective July 29, 2020, part of an Act to revise, modernize, and correct the Code, substituted "Nationwide Multistate Licensing System and Registry" for "Nation-wide Multistate Licensing System and Registry" in the introductory language of paragraph (a)(2) and in subsections (c) and (d).
GA Code § 7-1-702.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-702.1. Operation of Mobile Payment Instrument Cashing Facility

 A mobile payment instrument cashing facility operated by a licensee shall be treated as a branch location and the operations of the facility shall be conducted in accordance with the rules and regulations of the department.    (Code 1981, §7-1-702.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-702.2 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-702.2. Authority of Department

  The department is authorized to:   Participate in the Nationwide Multistate Licensing System and Registry in order to facilitate the sharing of information and standardization of the licensing and application processes for persons subject to this article;   Enter into operating agreements, information sharing agreements, interstate cooperative agreements, and other contracts necessary for the department's participation in the Nationwide Multistate Licensing System and Registry;   Disclose or cause to be disclosed without liability, via the Nationwide Multistate Licensing System and Registry, applicant and licensee information, including, but not limited to, violations of this article and enforcement actions, to facilitate regulatory oversight;   Request that the Nationwide Multistate Licensing System and Registry adopt an appropriate privacy, data security, and security breach notification policy that is in full compliance with existing state and federal law; and   Establish and adopt, by rule and regulation, requirements for participation by applicants and licensees in the Nationwide Multistate Licensing System and Registry, upon the department's determination that each requirement is consistent with both the public interest and purposes of this article.     The department shall enact rules and regulations establishing a process whereby licensees may challenge information entered by the department into the Nationwide Multistate Licensing System and Registry.   Irrespective of its participation in the Nationwide Multistate Licensing System and Registry, the department shall retain full and exclusive authority over determinations of whether to grant, renew, suspend, or revoke licenses issued under this article. Nothing in this Code section shall be construed to reduce or otherwise limit such authority.   Information disclosed through the Nationwide Multistate Licensing System and Registry is deemed to be disclosed directly to the department and subject to Code Section 7-1-70. Such information shall not be disclosed to the public and shall remain privileged and confidential pursuant to Code Section 7-1-70.     (Code 1981, §7-1-702.2, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2020, p. 493, § 7/SB 429.)    The 2020 amendment,  effective July 29, 2020, part of an Act to revise, modernize, and correct the Code, substituted "Nationwide Multistate Licensing System and Registry" for "Nation-wide Multistate Licensing System and Registry" throughout this Code section.
GA Code § 7-1-703.1 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-703.1. Reporting on Condition to Nationwide Multistate Licensing System and Registry

 Each licensee shall submit to the Nationwide Multistate Licensing System and Registry timely reports of condition, which shall be in such form and shall contain such information as the department and the Nationwide Multistate Licensing System and Registry may require.    (Code 1981, §7-1-703.1, enacted by Ga. L. 2014, p. 251, § 2/HB 982; Ga. L. 2020, p. 493, § 7/SB 429.)    The 2020 amendment,  effective July 29, 2020, part of an Act to revise, modernize, and correct the Code, substituted "Nationwide Multistate Licensing System and Registry" for "Nation-wide Multistate Licensing System and Registry" throughout this Code section.
GA Code § 7-1-703.2 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-703.2. Use of Unique Identifier of Licensee

 The unique identifier of any licensee shall be clearly labeled on all advertisements and any other documents required by rule or regulation of the department.    (Code 1981, §7-1-703.2, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)
GA Code § 7-1-704 (2021)
2021 Georgia Code|Title 7 - Banking and Finance|Chapter 1 - Financial Institutions|Article 4A - Cashing of Payment Instruments|§ 7-1-704. Renewal of Licenses

 Except as otherwise specifically provided in this article, all licenses issued pursuant to this article shall expire on December 31 of each year, and each application for renewal shall be made annually on or before December 1 of each year. A license may be renewed by the filing of an application substantially conforming to the requirements of Code Section 7-1-702 and the department's rules and regulations. No investigation fee shall be payable in connection with such renewal application. However, an annual license fee established by rule or regulation of the department to defray the cost of supervision shall be paid with each renewal application and shall not be refunded or prorated.    (Code 1981, §7-1-704, enacted by Ga. L. 2014, p. 251, § 2/HB 982.)