GA Atty. Gen. Op. No 2002-3. Lenders engaged in making payday loans of $3000 or less must be licensed under the Georgia Industrial Loan Act unless exempt under O.C.G.A. § 7-3-6. Payday loans of $3000 or less are subject to the Act notwithstanding the lenders use of a token consideration such as catalog coupons or a purchase-leaseback arrangement.
| Library | Georgia Attorney General Opinions |
| Year | 3000 |
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