HB 945: Banking and finance; holds on accounts of eligible adults for suspected financial exploitation; provide

Summary

A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide for holds on accounts of eligible adults for suspected financial exploitation; to provide for procedures for placing and lifting such holds; to no longer require independent credit reports to be obtained from a consumer reporting agency as defined in the federal Fair Credit Reporting Act; to provide for procedures for cease and desist orders for unregistered persons providing litigation finance; to provide for judicial hearings to review department decisions regarding litigation finance; to provide for registrant disclosures; to provide for definitions; to make conforming changes; to provide for construction; to provide for related matters; to repeal conflicting laws; and for other purposes.

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May 11, 2026

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