Georgia § 7-4-21 Class action barred on claims for violation of interest laws on loans secured by real estate

Georgia Statutes

§ 7-4-21 — Class action barred on claims for violation of interest laws on loans secured by real estate

Georgia § 7-4-21

Title7

This text of Georgia § 7-4-21 (Class action barred on claims for violation of interest laws on loans secured by real estate) 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. § 7-4-21 (2026).

Text

A claim of violation on any loan secured by an interest in real estate may be asserted in an individual action only and may not be the subject of a class action under Code Section 9-11-23 or any other provisions of law. Nothing contained in this Code section shall be construed to affect any class action which was pending in any court of this state, including any United States courts, on February 15, 1983, as to the parties to and subject matter then before such court.

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A claim of violation on any loan secured by an interest in real estate may be asserted in an individual action only and may not be the subject of a class action under Code Section 9-11-23 or any other provisions of law. Nothing contained in this Code section shall be construed to affect any class action which was pending in any court of this state, including any United States courts, on February 15, 1983, as to the parties to and subject matter then before such court.