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Section 7-4-11 - Usury is personal defense; no collection from insolvent to prejudice of others — Georgia Law | CourtGPT
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Georgia Legal Code

Section 7-4-11 - Usury is personal defense; no collection from insolvent to prejudice of others

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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.