GEORGIA CODE (Last Updated: August 20, 2013) |
Title 16. CRIMES AND OFFENSES |
Chapter 8. OFFENSES INVOLVING THEFT |
Article 5. RESIDENTIAL MORTGAGE FRAUD |
Section 16-8-105. Penalties
Latest version.
- (a) Any person violating this article shall be guilty of a felony and, upon conviction, shall be punished by imprisonment for not less than one year nor more than ten years, by a fine not to exceed $5,000.00, or both.
(b) If a violation of this article involves engaging or participating in a pattern of residential mortgage fraud or a conspiracy or endeavor to engage or participate in a pattern of residential mortgage fraud, said violation shall be punishable by imprisonment for not less than three years nor more than 20 years, by a fine not to exceed $100,000.00, or both.
(c) Each residential property transaction subject to a violation of this article shall constitute a separate offense and shall not merge with any other crimes set forth in this title.
Code 1981, § 16-8-105, enacted by Ga. L. 2005, p. 848, § 2/SB 100.