---
title: O.C.G.A. § 7-3-13. Licensee’s compliance when purchasing notes and other documents.
collection: code
id: 7-3-13
cite_as: O.C.G.A. § 7-3-13 (2025)
canonical_url: https://georgiacommons.org/code/7-3-13
md_url: https://georgiacommons.org/code/7-3-13.md
text_url: https://georgiacommons.org/code/7-3-13/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=667
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/7-3.md
previous: https://georgiacommons.org/code/7-3-12.md
next: https://georgiacommons.org/code/7-3-14.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: BANKING AND FINANCE / INSTALLMENT LOANS / OPERATING PROCEDURES
---

# O.C.G.A. § 7-3-13. Licensee’s compliance when purchasing notes and other documents.

If a licensee purchases or receives by transfer or assignment any note, bill of sale to secure debt, title retention contract, conditional sales contract, or any other similar contract that would otherwise be governed by this chapter, the licensee shall comply with the provisions of this chapter when making a loan for the purpose of paying off all or any part of such instrument.

## History

Ga. L. 1964, p. 288, § 7; Code 1981, § 7-3-16; Code 1981, § 7-3-13, as redesignated by Ga. L. 2020, p. 156, § 2/SB 462.

## Editor's Notes

Ga. L. 2020, p. 156, § 2/SB 462, effective June 30, 2020, redesignated former Code Section 7-3-13 as present Code Section 7-3-10.