O.C.G.A.

O.C.G.A. § 44-12-120 (2019)

When death of parties terminates 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 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.

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.

PART 5 PAWNBROKERS

Annotations

RESEARCH REFERENCES ALR. Duty of pledgee of chattels to sell them on failure of debtor to pay debt, 77 A.L.R. 379; 140 A.L.R. 1390. Conversion by pledgee of subject of pledge as extinguishing pledgor’s entire indebtedness to him, 87 A.L.R. 586. Other debts or liabilities within contemplation of pledge to secure particular debt

and other debts or liabilities to pledgee, 87 A.L.R. 615. Rights and remedies as between pledgor and pledgee of choses in action as affected by latter’s renewal, extension, or other modification thereof, 103 A.L.R. 1408. Taking and pledging or pawning, another’s property as larceny, 82 A.L.R.2d 863.

Notes of Decisions

Cited in 1 case, 2000–2000 · leading case: Rowland v. Clarke Cnty. Sch. Dist., 532 S.E.2d 91 (Ga. 2000).

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Rowland v. Clarke Cnty. Sch. Dist., 532 S.E.2d 91 (Ga. 2000). · cites it 2× “OCGA § 44-12-120. See Cutcliffe v. Chesnut, 126 Ga.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.