Georgia Statutes
§ 7-4-11 — Usury is personal defense; no collection from insolvent to prejudice of others
Georgia·Title 7
Usury is a personal defense; provided, however, that a creditor may not collect usurious interest from an insolvent debtor to the prejudice of other creditors.
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Georgia § 7-4-11 (Usury is personal defense; no collection from insolvent to prejudice of others) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Joseph B. McCarthy v. Annie J. Ashment
(Court of Appeals of Georgia, 2019)
Legislative History
Amended by 2024 Ga. Laws 701,§ 1, eff. 7/1/2024.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-10
Rules of construction§ 7-1-1000
Definitions§ 7-1-1001-1
Requirement for mortgage loan originator license; application to sellers of mobile homes§ 7-1-1002
Prohibited transactions; liability§ 7-1-1003
Applications for licenses§ 7-1-1003-1
[Repealed] Physical place of business§ 7-1-1003-3
[Reserved] Application for registration§ 7-1-1003-4
[Reserved] Notification statement