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O.C.G.A. § 7-4-1

Usury

Applied in 1 court decision — leading case Community State Bank v. Strong (2011)

Most recently applied in Community State Bank v. Strong (August 2011)

Orig

fecting rights or remedies of the parties, 16 A.L.R.3d 510.

Usury as affected by acceleration clause, 66 A.L.R.3d 650.

Contingency as to borrower’s receipt of money or other property from which loan is to be repaid as rendering loan usurious, 92 A.L.R.3d 623.

Leaving part of loan on deposit with lender as usury, 92 A.L.R.3d 769.

Prejudgment interest awards in divorce cases, 62 A.L.R.4th 156.

The term “usury” means reserving and taking or contracting to reserve and take, either directly or indirectly, a greater sum for the use

of money than the lawful interest.

Current official text: Official Code of Georgia Annotated (LexisNexis). Digitized from the Internet Archive scan of the OCGA. Reproduced from public-domain Georgia statutes; confirm against the official source for the current text. Not legal advice.