Ga. Comp. R. & Regs. 120-2-107-.08

Current through Rules and Regulations filed through September 16, 2024

Rule 120-2-107-.08 - Repossession Expenses

The actual and reasonable expenses of repossessing, storing and selling any collateral pledged as security under the Georgia Installment Loan Act shall not exceed the expenses of repossessing, storing and selling recoverable under other provisions of law.

Ga. Comp. R. & Regs. R. 120-2-107-.08

O.C.G.A. §§ 33-2-9, 7-3-11(3).

Original Rule entitled "Repossession Expenses" adopted. F. Dec. 8, 2020; eff. Dec. 31, 2020, as specified by the Agency.