Official Code of Georgia Annotated

Title 44. PROPERTY · Chapter 12. RIGHTS IN PERSONALTY · Article 3. BAILMENTS · Part 4. LOANS OF PROPERTY

44-12-110. Kinds of loans; nature of loan for consumption.

Active

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

Loans may be either for consumption or for use. A loan for consumption is a loan of an article which is not to be returned in specie, but in kind; this is a sale and not a bailment.

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, § 2103; Code 1868, § 2098; Code 1873, § 2125; Code 1882, § 2125; Civil Code 1895, § 2944; Civil Code 1910, § 3516; Code 1933, § 12-501.

Read the official page (the state's PDF, opened at the page this text was read from).

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

Text read from t44-ch8-15-(v32)-2022-pdf.pdf, Volume V32, 2022 edition, pages 228 to 229; merge action: carried; file SHA-256 02e72213893a.