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2018 Georgia Code 7-3-5 | Car Wreck Lawyer

TITLE 7 BANKING AND FINANCE

Section 3. Industrial Loans, 7-3-1 through 7-3-29.

ARTICLE 13 LICENSING OF MORTGAGE LENDERS AND MORTGAGE BROKERS

7-3-5. Applicability of chapter - Transactions by which money is paid others.

A loan and brokerage transaction or any other transaction by which money is paid or agreed to be paid others by the borrower in order to obtain the loan shall be subject in all respects to this chapter, if it involves a transaction of $3,000.00 or less and is not otherwise specifically exempted by the terms of this chapter; and the interest and money paid or agreed to be paid others by the borrower in order to obtain the loan shall not exceed the charges authorized by this chapter, and the application of Code Section 7-4-8 is modified accordingly.

(Ga. L. 1957, p. 331, § 3.)

JUDICIAL DECISIONS

Cited in Vezzani v. Tallant, 121 Ga. App. 67, 172 S.E.2d 858 (1970).

Cases Citing O.C.G.A. § 7-3-5

Total Results: 2  |  Sort by: Relevance  |  Newest First

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Emory Univ. v. Levitas, 401 S.E.2d 691 (Ga. 1991).

Cited 48 times | Published | Supreme Court of Georgia | Mar 11, 1991 | 260 Ga. 894, 63 Fulton County D. Rep. 17

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Sapp v. Canal Ins., 706 S.E.2d 644 (Ga. 2011).

Cited 15 times | Published | Supreme Court of Georgia | Feb 28, 2011 | 288 Ga. 681, 2011 Fulton County D. Rep. 407