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2024 CODE OF GEORGIA
Title 7 - BANKING AND FINANCE (§§ 7-1-1 — 7-9-13)
Chapter 4 - INTEREST AND USURY (§§ 7-4-1 — 7-4-30)
Article 1 - IN GENERAL (§§ 7-4-1 — 7-4-21)
- Section 7-4-1 - Usury
- Section 7-4-2 - Legal rate of interest; maximum rate of interest generally; certain items not considered interest
- Section 7-4-3 - Finance charges on certain retail installment contracts; contract provisions related to manufactured homes; violations
- Section 7-4-3.1 - [Repealed] Maximum interest rate on loans by insured financial institutions
- Section 7-4-4 - Advertisement of rates of interest or finance charge
- Section 7-4-5 - Failure to include required contract provisions for manufactured homes; violation of advertising restrictions
- Section 7-4-6 - and 7-4-7 - Reserved
- Section 7-4-8 - Commission to third person does not make lawful interest usurious
- Section 7-4-9 - Back interest may be stipulated in contract and recovered
- Section 7-4-10 - Usury forfeits entire interest; right of setoff; how forfeiture discharged; when time bars action or defense
- Section 7-4-11 - Usury is personal defense; no collection from insolvent to prejudice of others
- Section 7-4-12 - Interest on judgments
- Section 7-4-12.1 - Interest on child support and domestic relations orders; settlement of unreimbursed public assistance
- Section 7-4-13 - Law of place of contract governs interest unless otherwise provided
- Section 7-4-14 - Interest runs from default unless otherwise agreed; when demand necessary
- Section 7-4-15 - When interest runs on liquidated demands; promissory notes payable on demand
- Section 7-4-16 - When interest runs on commercial accounts; maximum interest rate on commercial accounts
- Section 7-4-17 - Payment applied first to interest; no interest on unpaid interest; exceptions
- Section 7-4-17.1 - [Repealed] Refunds from loans on which interest is calculated under the add-on interest method and which are paid off prior to maturity
- Section 7-4-18 - Criminal penalty for excessive interest
- Section 7-4-19 - Civil action to enforce chapter
- Section 7-4-20 - Election to forgo application of federal usury laws
- Section 7-4-21 - Class action barred on claims for violation of interest laws on loans secured by real estate
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