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Home » Store » Taxable » Decision on Georgia Preemption Coming Soon, OCC Chief Says

Decision on Georgia Preemption Coming Soon, OCC Chief Says

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The Office of the Comptroller of the Currency appears to be leaning toward following the lead of the top thrift regulator by preempting Georgia’s controversial predatory lending law. In March National City Bank asked the OCC to make a preemption determination that would exclude national banks from coverage under the Georgia Fair Lending Act. The Office of Thrift Supervision made a similar decision.
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