Usury is personal defense; no collection from insolvent to prejudice of others

Official Code of Georgia Annotated

Section: 7-4-11

Jurisdiction: GA

Bluebook Citation: O.C.G.A. § 7-4-11

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

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