2010 Georgia Code 16-17-3 Case Law
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16-14-4 or 16-13-32

One Click Case Law for § 16-17-3
O.C.G.A. § 16-17-2 <-- --> O.C.G.A. §16-17-4



2010 Georgia Code

TITLE 16 - CRIMES AND OFFENSES

CHAPTER 17 - PAYDAY LENDING
§ 16-17-3 - Collection of indebtedness barred; civil action permitted by borrowers

O.C.G.A. 16-17-3 (2010)
16-17-3. Collection of indebtedness barred; civil action permitted by borrowers


Any person who violates subsection (a) or (b) of Code Section 16-17-2 shall be barred from the collection of any indebtedness created by said loan transaction and said transaction shall be void ab initio, and any person violating the provisions of subsection (a) or (b) of Code Section 16-17-2 shall in addition be liable to the borrower in each unlawful transaction for three times the amount of any interest or other charges to the borrower. A civil action under Code Section 16-17-2 may be brought on behalf of an individual borrower or on behalf of an ascertainable class of borrowers. In a successful action to enforce the provisions of this chapter, a court shall award a borrower, or class of borrowers, costs including reasonable attorneys' fees.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com