| 1 | 1 | | 25 LC 46 1000 |
|---|
| 2 | 2 | | House Bill 110 |
|---|
| 3 | 3 | | By: Representatives Bonner of the 73 |
|---|
| 4 | 4 | | rd |
|---|
| 5 | 5 | | , Ballard of the 147 |
|---|
| 6 | 6 | | th |
|---|
| 7 | 7 | | , Gullett of the 19 |
|---|
| 8 | 8 | | th |
|---|
| 9 | 9 | | , Clark of the |
|---|
| 10 | 10 | | 100 |
|---|
| 11 | 11 | | th |
|---|
| 12 | 12 | | , and Westbrook of the 163 |
|---|
| 13 | 13 | | rd |
|---|
| 14 | 14 | | |
|---|
| 15 | 15 | | A BILL TO BE ENTITLED |
|---|
| 16 | 16 | | AN ACT |
|---|
| 17 | 17 | | To amend Part 5 of Article 3 of Chapter 12 of Title 44 of the Official Code of Georgia |
|---|
| 18 | 18 | | 1 |
|---|
| 19 | 19 | | Annotated, relating to pawnbrokers, so as to provide certain protections for current military2 |
|---|
| 20 | 20 | | members and related persons; to prohibit pawnbrokers from making title pawns with covered3 |
|---|
| 21 | 21 | | borrowers; to provide a penalty for violations; to provide for a definition; to provide for4 |
|---|
| 22 | 22 | | related matters; to repeal conflicting laws; and for other purposes. 5 |
|---|
| 23 | 23 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:6 |
|---|
| 24 | 24 | | SECTION 1.7 |
|---|
| 25 | 25 | | Part 5 of Article 3 of Chapter 12 of Title 44 of the Official Code of Georgia Annotated,8 |
|---|
| 26 | 26 | | relating to pawnbrokers, is amended in Code Section 44-12-137, relating to prohibited acts,9 |
|---|
| 27 | 27 | | penalties, presumption as to pledgor, and replacement or damaged goods, by adding a new10 |
|---|
| 28 | 28 | | subsection to read as follows:11 |
|---|
| 29 | 29 | | "(c)(1) As used in this subsection, the term 'covered borrower' shall have the same |
|---|
| 30 | 30 | | 12 |
|---|
| 31 | 31 | | meaning as provided in 32 C.F.R. Section 232.3.13 |
|---|
| 32 | 32 | | (2) No pawnbroker shall conduct a pawn transaction involving a motor vehicle or motor14 |
|---|
| 33 | 33 | | vehicle certificate of title with a covered borrower.15 |
|---|
| 34 | 34 | | H. B. 110 |
|---|
| 35 | 35 | | - 1 - 25 LC 46 1000 |
|---|
| 36 | 36 | | (3) Any pawnbroker that knowingly conducts a pawn transaction in violation of16 |
|---|
| 37 | 37 | | paragraph (2) of this subsection shall be subject to a civil penalty of four times the17 |
|---|
| 38 | 38 | | principal amount advanced in such pawn transaction. Such civil penalty shall be18 |
|---|
| 39 | 39 | | recoverable in a civil action brought in any court of competent jurisdiction by the19 |
|---|
| 40 | 40 | | Attorney General or any district attorney."20 |
|---|
| 41 | 41 | | SECTION 2.21 |
|---|
| 42 | 42 | | All laws and parts of laws in conflict with this Act are repealed.22 |
|---|
| 43 | 43 | | H. B. 110 |
|---|
| 44 | 44 | | - 2 - |
|---|