Criminal Penalties

  1. Law
  2. Georgia Code
  3. Banking and Finance
  4. Financial Institutions
  5. Licensing of Mortgage Lenders and Mortgage Brokers
  6. Criminal Penalties

Checkout our iOS App for a better way to browser and research.

Any person and the several members, officers, directors, agents, and employees thereof who:

  1. Shall violate the provisions of subsection (a) or (a.1) of Code Section 7-1-1002, by the willful transaction of a mortgage business without a license or exemption, shall be guilty of a felony punishable as provided in Code Section 7-1-845; or
  2. Shall violate any of the other provisions of this article shall be guilty of a misdemeanor and shall be punished by imprisonment for not more than one year or by a fine of not more than $1,000.00, or by both fine and imprisonment.

(Code 1981, §7-1-1019, enacted by Ga. L. 1993, p. 543, § 1; Ga. L. 1994, p. 97, § 7; Ga. L. 1999, p. 674, § 40; Ga. L. 2009, p. 252, § 1/HB 312; Ga. L. 2015, p. 5, § 7/HB 90.)


Download our app to see the most-to-date content.