A good. § 16-17-2, due to the fact both defendants, like in-condition lenders, weren’t also based with out-of-state banks designated in the O
(Password 1981, §16-17-2, enacted from the Ga. L. 2004, p. 60, § 3; Ga. L. 2005, p. sixty, § 16/HB 95; Ga. L. 2020, p. 156, § 9/SB 462.)
– Trial judge failed to err within the rejecting the defendants’ equal security and you will vagueness challenges in order to O.C.Grams.Good. § 16-17-step 1 et seq., after the defendants was charged with violating O.C.Grams.C.G.A. § 16-17-2(a)(3), and therefore was at the mercy of state regulation restricting high interest levels on the money, whereas the brand new away-of-state finance companies just weren’t; the fresh Georgia legislature got an intellectual reason for creating a category according to those in-condition pay-day lenders who have been at the mercy of state control, and in addition brand new prohibition up against pay day loan when you look at the whichever function transacted are well enough chosen in order to satisfy owed process standards.