2025 Code of Georgia
Title 10 - Commerce and Trade (Chs. 1 — 15)
Chapter 1 - Selling and Other Trade Practices (Arts. 1 — 38)
Article 1 - Retail Installment and Home Solicitation Sales (§§ 10-1-1 — 10-1-16)

Annotations

JUDICIAL DECISIONS

Construction. —

Ga. L. 1967, p. 659, § 1 et seq. must be strictly construed. Busby v. Sea Island Bank, 151 Ga. App. 412, 260 S. E.2d 485, 1979 Ga. App. LEXIS 2550 (1979).

Decisions are sui generis. —

Decisions under Ga. L. 1967, p. 659, § 1 et seq. are to be treated sui generis. Bell v. Loosier of Albany, Inc., 140 Ga. App. 393, 231 S. E.2d 142, 1976 Ga. App. LEXIS 1491 (1976).

Ga. L. 1967, p. 659, § 1 et seq. and Ga. L. 1955, p. 431, § 1 et seq. are different in their purpose and effect, and the provisions of one are not controlling in the interpretation of the other. Liberty Loan Corp. v. Childs, 140 Ga. App. 473, 231 S. E.2d 352, 1976 Ga. App. LEXIS 1525 (1976).

Decisions under this article as evidence of intent of Ch. 3, T. 7. —

Judicial construction of O. C. G. A. Art. 1, Ch. 1, T. 10 is weak evidence of legislative intent in enacting the Georgia Industrial Loan Act, O. C. G. A. § 7-3-1 et seq. Ford v. Termplan, Inc., 528 F. Supp. 1016, 1981 U. S. Dist. LEXIS 10030 (N. D. Ga. 1981).

Decisions under O.C.G.A. § 7-3-1 et seq. inapplicable. —

Decisions rendered under Ga. L. 1955, p. 431, § 1 are not applicable to Ga. L. 1967, p. 659, § 1 et seq. Bell v. Loosier of Albany, Inc., 140 Ga. App. 393, 231 S. E.2d 142, 1976 Ga. App. LEXIS 1491 (1976).

Sales of motor vehicles. —

Ga. L. 1967, p. 659, § 1 et seq. does not apply to the sale of a motor vehicle. Holder v. Brock, 129 Ga. App. 732, 200 S. E.2d 912, 1973 Ga. App. LEXIS 1128 (1973), overruled, Tucker v. Chung Studio of Karate, Inc., 142 Ga. App. 818, 237 S. E.2d 223, 1977 Ga. App. LEXIS 1386 (1977).

Conflict with UCC as to security agreement. —

Parties may contract to create a security interest which will then be governed by provisions of Ga. L. 1962, p. 156, § 1 unless those provisions conflict with the specific terms in Ga. L. 1967, p. 659, § 1 et seq. Brown v. Jenkins, 135 Ga. App. 694, 218 S. E.2d 690, 1975 Ga. App. LEXIS 1787 (1975).

Assignee or transferee of a retail installment contract is not given holder in due course status under Ga. L. 1967, p. 659, § 1 et seq. Geiger Fin. Co. v. Graham, 123 Ga. App. 771, 182 S. E.2d 521, 1971 Ga. App. LEXIS 1378 (1971) (commented on in 8 Ga. St. B. J. 400 (1972)).

Assignee or transferee takes contract subject to defenses against assignor. —

Under simple contract law, an assignee or transferee takes a retail installment contract subject to any defenses that could be asserted against the assignor. Geiger Fin. Co. v. Graham, 123 Ga. App. 771, 182 S. E.2d 521, 1971 Ga. App. LEXIS 1378 (1971) (commented on in 8 Ga. St. B. J. 400 (1972)).

Research References & Practice Aids

Cross references.

Criminal penalty for offense of improper solicitation of money, § 16-9-52.

Criminal penalty for false statements by telephone solicitors, § 16-9-54.

Law reviews.

For article discussing federal truth-in-lending provisions and their relation to state laws, see 6 Ga. St. B. J. 19 (1969).

For note discussing transfer fees in home loan assumptions in reference to the Georgia usury laws, see 9 Ga. L. Rev. 454 (1975).

For article, “Acceleration Clauses in Georgia: Consumer Installment Contracts and the Federal Truth-In-Lending Act,” see 27 Mercer L. Rev. 969 (1976).

For article discussing methods of computation of finance charges in Georgia consumer credit contracts, see 30 Mercer L. Rev. 281 (1978).

For annual survey of commercial law, see 35 Mercer L. Rev. 53 (1983).

For article, “The Federalization and Privatization of Public Consumer Protection Law in the United States: Their Effect on Litigation and Enforcement,” see 24 Ga. St. U. L. Rev. 663 (2008).

RESEARCH REFERENCES Am. Jur. 2d.

67 Am. Jur. 2d, Sales, § 589 et seq.

ALR.

Quantum, degree, or weight of evidence to sustain usury charge, 51 A. L. R.2d 1087.

Scope and exceptions of state deceptive trade practice and consumer protection acts, 85 A. L. R.3d 399.

Coverage of insurance transactions under state consumer protection statutes, 77 A. L. R.4th 991.

What constitutes Truth in Lending Act violation which “was not intentional and resulted from bona fide error not withstanding maintenance of procedures reasonably adapted to avoid any such error” within meaning of § 130(c) of Act (15 USCA § 1640(c)), 153 A. L. R. Fed. 193.

Hierarchy Notes:

O. C. G. A. Title 10

O. C. G. A. Title 10, Ch. 1