SB 448 — "Small Business Borrower Protection Act"; enact; provide recovery limits for debt obligations by successor creditors
House Committee Favorably Reported By Substitute
A BILL to be entitled an Act to amend Chapter 2 of Title 18 of the Official Code of Georgia Annotated, relating to debtor and creditor relations, so as to enact the "Small Business Borrower Protection Act"; to provide for definitions; to provide for recovery limits for debt obligations by successor creditors; to provide for applicability; to require successor creditors to submit the amount paid for a debt during recovery proceedings; to provide for related matters; to repeal conflicting laws; and for other purposes.
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