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Georgia Industrial Loan Association
Canon of Ethics
The members of the Georgia
Industrial Loan Association believe that the interest of the public, of employees,
of capital and management can be best served though the voluntary foundation
and observance of ethical standards and practices. In accordance with
this conviction the members of the Association subscribe to the following principles:
- To
maintain high standards of business deportment in all dealings with each
other and the public;
- To maintain good inter-company relations by
conducting ourselves in the spirit and to the letter of the Constitution
and By-Laws of the Association;
- To explain clearly the actual cost, terms
and conditions of all contracts made;
- To use legal process sparingly
in the enforcement of contract rights;
- To transact business in such
a manner as to meet the continued respect and confidence of the customers
and the public;
- To acquaint the public with the importance of the finance
business in the economic structure; to promote a better understanding with
the public and our elected officials of the aims and practices of the lenders
licensed under the Georgia Industrial Loan Act; and to oppose any illegal
lending activities not expressly authorized by the laws of the State of Georgia;
- To
cooperate with all duly accredited members of this Association in the proper
and ethical conduct of the finance business;
- To assist our employees
in obtaining a full knowledge of our business so that they may understandingly
present it to the public and effectively participate in our public relations
program;
- To
endeavor and settle all competitive complaints with each other and on a amicable
basis;
- To keep constantly before our members the value of our constitutional
form of government and the freedom of individual opportunity which it protects.
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