Industrial loans; regulation of consumer lawsuit lending and lenders; provisions

A BILL to be entitled an Act to amend Chapter 3 of Title 7 of the Official Code of Georgia Annotated, relating to industrial loans, so as to provide for the regulation of consumer lawsuit lending and lenders; to provide for definitions; to provide for limitations regarding consumer lawsuit lending transactions including limitations on finance charges; to amend Article 5 of Chapter 11 of Title 9 of the Official Code of Georgia Annotated, relating to depositions and discovery, so as to provide for the service and filing of certain documents regarding consumer lawsuit lending; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.