State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-11

O.C.G.A. 7-4-11 (2010)
7-4-11. Usury is personal defense; no collection from insolvent to prejudice of others


Usury is a personal defense; but a creditor may not collect usurious interest from an insolvent debtor to the prejudice of other creditors.

State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-11

O.C.G.A. 7-4-11 (2010)
7-4-11. Usury is personal defense; no collection from insolvent to prejudice of others


Usury is a personal defense; but a creditor may not collect usurious interest from an insolvent debtor to the prejudice of other creditors.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-11

O.C.G.A. 7-4-11 (2010)
7-4-11. Usury is personal defense; no collection from insolvent to prejudice of others


Usury is a personal defense; but a creditor may not collect usurious interest from an insolvent debtor to the prejudice of other creditors.