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Georgia Statutes

§ 44-12-113 — Loan beneficiaries and responsibilities

Georgia § 44-12-113
JurisdictionGeorgia
Title44

This text of Georgia § 44-12-113 (Loan beneficiaries and responsibilities) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
O.C.G.A. § 44-12-113 (2026).

Text

A loan is generally entirely for the benefit of the borrower, but sometimes it is for the joint benefit of the lender and the borrower and occasionally it is for the exclusive benefit of the lender. Where the loan is for the joint benefit of the lender and the borrower or is for the exclusive benefit of the lender, the responsibility of the borrower is varied and less stringent according to the circumstances and purpose of the loan.

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Bluebook (online)
Georgia § 44-12-113, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/44-12-113.