O.C.G.A.
O.C.G.A.

O.C.G.A. § 44-12-116 (2019)

Revocability of loans

✓ 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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The lender may not revoke a loan which is made for a definite time so long as the borrower meets fully his engagements with respect to such loan. A loan at will or a loan made for an indefinite time may be revoked at any time.

History

Orig. Code 1863, § 2109; Code 1868, § 2104; Code 1873, § 2131; Code 1882,

§ 2131; Civil Code 1895, § 2950; Civil Code 1910, § 3522; Code 1933, § 12-507.

Annotations

RESEARCH REFERENCES Am. Jur. 2d. 8 Am. Jur. 2d, Bailments, § 230 et seq.

C.J.S. 8 C.J.S., Bailments, § 99 et seq.