---
title: O.C.G.A. § 44-12-113. Loan beneficiaries and responsibilities.
collection: code
id: 44-12-113
cite_as: O.C.G.A. § 44-12-113 (2025)
canonical_url: https://georgiacommons.org/code/44-12-113
md_url: https://georgiacommons.org/code/44-12-113.md
text_url: https://georgiacommons.org/code/44-12-113/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t44-ch8-15-(v32)-2022-pdf.pdf?sfvrsn=9e9e06de_0#page=230
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.
up: https://georgiacommons.org/code/44-12.md
previous: https://georgiacommons.org/code/44-12-112.md
next: https://georgiacommons.org/code/44-12-114.md
index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: PROPERTY / RIGHTS IN PERSONALTY / BAILMENTS / LOANS OF PROPERTY
---

# O.C.G.A. § 44-12-113. Loan beneficiaries and responsibilities.

A loan is generally entirely for the benefit of the borrower, but sometimes it is for the joint benefit of the lender and the borrower and occasionally it is for the exclusive benefit of the lender. Where the loan is for the joint benefit of the lender and the borrower or is for the exclusive benefit of the lender, the responsibility of the borrower is varied and less stringent according to the circumstances and purpose of the loan.

## History

Orig. Code 1863, § 2105; Code 1868, § 2100; Code 1873, § 2127; Code 1882, § 2127; Civil Code 1895, § 2946; Civil Code 1910, § 3518; Code 1933, § 12-503.