Electronic Document Submission For Communication

To be able to improve our solution, the Department is applying electronic document distribution for communication. Regular and ongoing communication should be submitted to your designated Department receiver through e-mail.

Pawnshops / Title Pawn

The Department of Banking and Finance CANNOT license or have jurisdiction over pawnbrokers or pawn deals. The information that is following for informational purposes and then direct consumers to your appropriate agency for resolving their problem or problem.

JURISDICTION:

As given to in Georgia legislation, municipal authorities may license pawnbrokers, determine their capabilities and privileges by ordinance, enforce fees upon them, revoke their licenses, and do exercises such basic direction since will make sure reasonable dealing involving the pawnbroker along with his clients. In many situations, the municipal authority in charge of certification and monitoring pawnshops would be the regional authorities division or sheriff’s workplace.

DEFINITIONS:

A”pawnbroker” means any person engaged in whole or in part in the business of lending money on the security of pledged goods, or in the business of purchasing tangible personal property on the condition that it may be redeemed or repurchased by the seller for a fixed price within a fixed period of time, or in the business of purchasing tangible personal property from persons or sources other than manufacturers or licensed dealers as a part of or in conjunction with the business activities described in this paragraph as defined in Georgia law.

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