2025 Code of Georgia
Title 7 - Banking and Finance (Chs. 1 — 11)
Chapter 1 - Financial Institutions (Arts. 1 — 14)
Article 4A - Cashing of Payment Instruments (§§ 7-1-700 — 7-1-709.2)
Annotations
Notes
Editor’s notes.Ga. L. 2014, p. 251, § 1/HB 982, effective July 1, 2014, repealed the Code sections formerly codified at this article and enacted the current article. The former article consisted of Code Section 7-1-700 through 7-1-707, 7-1-707.1 through 7-1-707.3, 7-1-708 through 7-1-709, relating to cashing checks, drafts, or money orders for consideration, and was based on Ga. L. 1990, p. 739, § 1; Ga. L. 1991, p. 94, § 7; Ga. L. 1991, p. 720, § 1; Ga. L. 1991, p. 784, § 1; Ga. L. 1994, p. 1780, §§ 4-5; Ga. L. 1995, p. 673, §§ 29-30; Ga. L. 1997, p. 485, §§ 25-27; Ga. L. 1998, p. 1094, §§ 2-3; Ga. L. 1999, p. 674, § 27; Ga. L. 2000, p. 174, §§ 19-21; Ga. L. 2000, p. 1589, § 3; Ga. L. 2002, p. 1220, § 10; Ga. L. 2003, p. 643, § 1; Ga. L. 2004, p. 458, § 8; Ga. L. 2007, p. 502, § 25/SB 70 — 32/SB 70; Ga. L. 2009, p. 86, §§ 15/HB 141 — 17/HB 141; Ga. L. 2010, p. 878, § 7/HB 1387.
Research References & Practice Aids
Administrative rules and regulations.Disclosures, Locations, Authorized Agents, and Customer Information, Official Compilation of the Rules and Regulations of the State of Georgia, Rules of Department of Banking and Finance, Money Transmission, Rule 80-3-1-.01 et seq.
Hierarchy Notes:O. C. G. A. Title 7
O. C. G. A. Title 7, Ch. 1
- § 7-1-700. Definitions
- § 7-1-701. Licensing requirements
- § 7-1-701.1. Exemption from licensing requirements
- § 7-1-702. [Effective July 1, 2026] Requirements and procedure for licensure
- § 7-1-702.1. Operation of mobile payment instrument cashing facility
- § 7-1-702.2. Use of Nationwide Multistate Licensing System and Registry
- § 7-1-703. Investigation of applicants; background checks of employees and others
- § 7-1-703.1. Reporting on condition to Nationwide Multistate Licensing System and Registry
- § 7-1-703.2. Use of unique identifier of licensee
- § 7-1-704. Renewal of licenses
- § 7-1-704.1. Posting of license; license is nontransferable and nonassignable; notification of new facilities
- § 7-1-705. Written notice of claims against licensee, judgments, or other misconduct by employees, directors, or others; written notice of change of executive officer
- § 7-1-705.1. Approval required for change of control or ultimate equitable owner; additional requirements; denial and notification of reasons
- § 7-1-706. [Effective July 1, 2026] Record keeping; investigation and examination requirements and powers; limitation on civil liability
- § 7-1-706.1. Regulatory interpretation and enforcement
- § 7-1-707. Required endorsement by licensee; immediate payments; deferment of payment; identification requirements; acceptable fee for services
- § 7-1-707.1. Posting of fees for cashing payment instruments
- § 7-1-708. Grounds for denial, suspension, or revocation of license; procedure
- § 7-1-708.1. Permissible and impermissible grounds for denial or suspension
- § 7-1-708.2. Issuance of cease and desist orders; administrative and judicial enforcement; penalty for noncompliance
- § 7-1-709. Penalty for violation of article
- § 7-1-709.1. No limitation on common law liability or state prosecution
- § 7-1-709.2. Continuing effectiveness of existing licenses
