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2025 Code of Georgia
Title 7 - Banking and Finance (Chs. 1 — 11)
Chapter 11 - Payment Stablecoin (§§ 7-11-1 — 7-11-34)
§ 7-11-21. (For effective date, see note.) Redemption policy

Universal Citation:
GA Code § 7-11-21 (2025)
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  • (a) Each licensed payment stablecoin issuer shall publicly disclose such issuer’s redemption policy.

  • (b) A licensed payment stablecoin issuer’s redemption policy shall, at a minimum:

    • (1) Establish clear and conspicuous procedures for timely redemption of outstanding payment stablecoins;

    • (2) Publicly, clearly, and conspicuously disclose in plain language all fees associated with purchasing or redeeming the payment stablecoins, provided that such fees can only be changed upon not less than seven days prior notice to consumers. Such notice shall provide that the consumer can redeem prior to the effective date of the change at the existing rate; and

    • (3) Comply with this chapter, the GENIUS Act, and any applicable state or federal regulations.

History

Ga. L. 2026, p. 320, § 3/HB 1272, see notes for effective date.

Annotations

Notes

Editor's notes.

For information as to the effective date of this Code section, see the delayed effective date note at the beginning of this chapter.

Research References & Practice Aids

Hierarchy Notes:

O.C.G.A. Title 7

O.C.G.A. Title 7, Ch. 11

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