Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 7. SURETYSHIP · Article 3. RIGHTS OF SURETY AGAINST PRINCIPAL, COSURETIES, AND THIRD PERSONS

10-7-43. Recovery of usury paid by surety.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

If the contract was originally usurious and the surety in making payment includes the usury, he shall recover the same from the principal unless previous to the payment he had notice of the intention of the principal to resist usury.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Orig. Code 1863, § 2141; Code 1868, § 2136; Code 1873, § 2163; Code 1882, § 2163; Civil Code 1895, § 2982; Civil Code 1910, § 3554; Code 1933, § 103-304.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 1211; merge action: carried; file SHA-256 7afbade16da7.