Fraud and Related Offenses; certain for profit organizations from the term "credit repair services organization"; exempt

Summary

The legislation adds an exemption to Georgia’s fraud statutes for credit‑repair companies that meet specific consumer‑protection standards, including a $50,000 bond and required disclosures. It applies to for‑profit firms that follow these rules, removing them from the definition that triggers certain fraud penalties. The change is intended to clarify regulation while safeguarding consumers.

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