Ga. Code § 7-4-11

Current through 2023-2024 Legislative Session Chapter 709
Section 7-4-11 - Usury is personal defense; no collection from insolvent to prejudice of others

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.

OCGA § 7-4-11

Amended by 2024 Ga. Laws 701,§ 1, eff. 7/1/2024.