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Home » US Law » 2022 Georgia Code » Title 18 - Debtor and Creditor » Chapter 5 - Debt Adjustment » § 18-5-3.2. Timing of Disbursements to Appropriate Creditors; Trust Account Required
  1. Any person engaged in debt adjusting shall disburse to the appropriate creditors all funds received from a debtor, less any fees authorized by this chapter, within 30 days of receipt of such funds.
  2. Any person engaged in debt adjusting shall maintain a separate trust account for the receipt of any and all funds from debtors and the disbursement of such funds on behalf of debtors.

History. Code 1981, § 18-5-3.2 , enacted by Ga. L. 2003, p. 392, § 5.