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.
O.C.G.A. § 7-4-11
Usury is personal defense; no collection from insolvent to prejudice of others
Civil Code 1895, § 2878; Civil Code 1910, § 3428; Code 1933, § 57-108; Ga
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.