O.C.G.A.

O.C.G.A. § 20-3-260 (2019)

Short title; name of program

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)

Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.

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This part shall be known and may be cited as the ‘‘Georgia Higher Education Assistance Corporation Act.’’ The educational loan program provided for in this part may be referred to and cited as the ‘‘Georgia Higher Education Loan Program.’’

History

(Code 1933, § 32-3301, enacted by Ga. L. 1980, p. 835, § 2; Ga. L. 1981, p. 735, § 1.)

Annotations

JUDICIAL DECISIONS Language of promissory note controls conflicting oral representations by lender. - Defaulting borrower’s assertion that the borrower was relieved of the borrower’s obligation to repay a loan

by virtue of certain oral representations made by an agent of a lender was in direct conflict with the language of the note itself, which clearly and unconditionally required the indebtedness to be repaid in

cash in monthly installments. Georgia Higher Educ. Assistance Corp. v. Geldon, 187 Ga. App. 798, 371 S.E.2d 449 (1988). OPINIONS OF THE ATTORNEY GENERAL Georgia Higher Education Assistance Corporation may invest default reserve funds with federal savings and loan associations and with state-chartered

building and loan associations which are insured by the Federal Savings and Loan Insurance Corporation. 1969 Op. Att’y Gen. No. 69-215.