---
title: O.C.G.A. § 2-8A-7. Repayment of interest loan.
collection: code
id: 2-8A-7
cite_as: O.C.G.A. § 2-8A-7 (2025)
canonical_url: https://georgiacommons.org/code/2-8A-7
md_url: https://georgiacommons.org/code/2-8A-7.md
text_url: https://georgiacommons.org/code/2-8A-7/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t1-t2-t3-(v3)-2019-pdf.pdf?sfvrsn=6ea3b7a1_0#page=444
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: AGRICULTURE / EMERGING CROPS FUND ACT
---

# O.C.G.A. § 2-8A-7. Repayment of interest loan.

Repayment of an interest loan made from the fund shall be deferred for a period of time not more than five years or the time when the emerging crop should reach maturity, whichever is later. The schedule for repayment of the interest loan shall be a period of time equal to two times the period that interest is paid on the loan from the fund for that emerging crop. No interest shall be charged on interest loans from the fund, and only the amount actually loaned from the fund shall be required to be repaid. Repayment of interest loans from the fund shall be made to the lender, which shall remit the amounts collected to the Georgia Development Authority for deposit into the fund.

## History

Code 1981, § 2-8A-7, enacted by Ga. L. 1990, p. 1696, § 1; Ga. L. 2013, p. 671, § 1/SB 91.