Georgia Senate Bill 371 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 4-2)
Status: Introduced on February 10 2016 - 25% progression, died in committee
Action: 2016-02-11 - Senate Read and Referred
Pending: Senate Banking and Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]

A BILL to be entitled an Act to amend Part 5 of Article 3 of Chapter 12 and Part 5 of Article 8 of Chapter 14 of Title 44 of the Official Code of Georgia Annotated, relating to pawnbrokers and liens by pawnbrokers, factors, bailees, acceptors, and depositories, respectively, so as to provide for installment pawn transactions with a fixed term for such transactions involving the pledge of a motor vehicle or a motor vehicle certificate of title as security; to provide for procedures, conditions, and limitations for such pawn transactions; to provide for a definition; to provide for permitted charges, term length, and prepayment of such pawn transactions; to provide for acceleration of such pawn transactions and permitted grace periods; to provide for related matters; to repeal conflicting laws; and for other purposes.

Pawnbrokers; provide for installment pawn transactions; motor vehicle or motor vehicle certificate of title as security

Sen. Rick Jeffares [R]	Sen. Lester Jackson [D]	Sen. Jesse Stone [R]	Sen. Bruce Thompson [R]
Sen. Ed Harbison [D]	Sen. Ben Watson [R]

Date	Chamber	Action
2016-02-11	Senate	Senate Read and Referred
2016-02-10	Senate	Senate Hopper

Type	Source
Summary	https://www.legis.ga.gov/legislation/48336
Text	https://www.legis.ga.gov/api/legislation/document/20152016/157209