Official Code of Georgia Annotated

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

44-12-120. When death of parties terminates loans.

Active

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

The death of the lender terminates all indefinite loans or loans at will or pleasure. It does not terminate a loan for a definite time. The death of the borrower terminates all loans to him.

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, § 2114; Code 1868, § 2109; Code 1873, § 2136; Code 1882, § 2136; Civil Code 1895, § 2954; Civil Code 1910, § 3526; Code 1933, § 12-511.

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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 233 to 234; merge action: carried; file SHA-256 02e72213893a.