State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-8

O.C.G.A. 7-4-8 (2010)
7-4-8. Commission to third person does not make lawful interest usurious

Except as the application of this Code section is modified by Code Section 7-3-5, where the lender neither takes nor contracts to take more than lawful interest, the loan is not rendered usurious by money paid or agreed to be paid others by the borrower in order to obtain the loan.

State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-8

O.C.G.A. 7-4-8 (2010)
7-4-8. Commission to third person does not make lawful interest usurious

Except as the application of this Code section is modified by Code Section 7-3-5, where the lender neither takes nor contracts to take more than lawful interest, the loan is not rendered usurious by money paid or agreed to be paid others by the borrower in order to obtain the loan.