§ 18-5-3.2 - Timing of disbursements to appropriate creditors; trust account required - Georgia Statutes

O.C.G.A. 18-5-3.2 (2010)
18-5-3.2. Timing of disbursements to appropriate creditors; trust account required

(a) 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.

(b) 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.