7-6-1. Discrimination in extending credit or making loans prohibited.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
No bank, lending company, financial institution, retail installment seller, or person extending credit may discriminate or provide requirements which discriminate in the extending of credit or the making of loans solely on the basis of sex, race, religion, national origin, or marital status.#
(b)
Any person, firm, or corporation which willfully violates any provision of this Code section shall be guilty of a misdemeanor and, upon conviction thereof, shall be punished by a fine not to exceed $1,000.00.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Ga. L. 1975, p. 772, §§ 1, 3.

For article, “Religious Exercise as Credit Risk,” see 10 Bank. Dev. J. 119 (1993-1994).

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t7-t8-(v5)-2024-pdf.pdf, Volume V5, 2024 edition, page 788; merge action: carried; file SHA-256 5c69f28428d8.