Ga. Comp. R. & Regs. R. 80-14-2-.01 - Location Requirement; Examinations

Each installment lender required to be licensed under the Georgia Installment Loan Act shall maintain a principal place of business on record with the Department at which its books and records are maintained and which is accessible to the Department for examination during normal business hours. Records required to be maintained under this rule may be maintained in a photographic, electronic, or other similar format at a central location within or outside the State of Georgia provided specific records can be transmitted to a location designated by the Department within ten (10) days of the Department's request. The Department may examine any person that purports to satisfy the exemption from licensure set forth in O.C.G.A. § 7-3-4 to verify that the person qualifies for the exemption from licensure.

Notes

Ga. Comp. R. & Regs. R. 80-14-2-.01
O.C.G.A. §§ 7-3-30, 7-3-40.
Original Rule entitled "Location Requirement; Examinations" adopted. F. Aug. 19, 2020; eff. Sept. 8, 2020.

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