Syfert Injury Law Firm

Your Trusted Partner in Personal Injury & Workers' Compensation

Call Now: 904-383-7448

2018 Georgia Code 7-4-4 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 7-4-4 Case Law from Google Scholar Amendments to OCGA 7-4-4

TITLE 7 BANKING AND FINANCE

Section 4. Interest and Usury, 7-4-1 through 7-4-36.

ARTICLE 1 IN GENERAL

7-4-4. Advertisement of rates of interest or finance charge.

  1. No person shall advertise in or through any newspaper, radio, television, letter, circular, billhead, or in any way or through any medium any rate of interest or finance charge pertaining to any consumer credit transactions other than a rate stated in simple interest terms or a rate stated in terms which would comply with the federal Truth in Lending Simplification and Reform Act, Public Law 96-221 (15 U.S.C. 57(a) and 1602, et seq.).
  2. There is no liability under this Code section on the part of any owner or personnel of any medium in which an advertisement appears or through which it is disseminated when the publisher, owner, agent, or employee did not have knowledge of the false, misleading, or deceptive character of the advertisement, did not prepare the advertisement, or did not have a direct financial interest in the sale or distribution of the advertised product or service.
  3. Nothing contained in this Code section shall be construed to amend, modify, or repeal any of the provisions of Part 2 of Article 15 of Chapter 1 of Title 10, known as the "Fair Business Practices Act of 1975."

(Code 1981, §7-4-4, enacted by Ga. L. 1983, p. 1146, § 3; Ga. L. 1984, p. 22, § 7.)

Editor's notes.

- Ga. L. 1983, p. 1146, § 3 repealed former Code Section 7-4-4, relating to maximum interest rates on installment loans and giving security for principal and interest, and enacted present Code Section 7-4-4, which became effective March 31, 1983.

RESEARCH REFERENCES

ALR.

- What constitutes "finance charge" under § 106(a) of the Truth in Lending Act (15 USCA § 1605(a)) or applicable regulations, 154 A.L.R. Fed. 431.

Validity, construction, and application of Truth in Lending Act (TILA) and regulations promulgated thereunder - United States Supreme Court cases, 67 A.L.R. Fed. 2d 567.

Cases Citing Georgia Code 7-4-4 From Courtlistener.com

Total Results: 3

Cottrell v. Atlanta Development Authority, D/B/A Invest Atlanta

Court: Supreme Court of Georgia | Date Filed: 2015-03-16

Snippet: (3), (3.1), (3.2), (3.3), (3.4), (3.5), (3.7), (4), (4.1), (4.2), (4.3), (4.4), (4.5), (4.6), (4.7)

COTTRELL Et Al. v. ATLANTA DEVELOPMENT AUTHORITY Et Al.

Court: Supreme Court of Georgia | Date Filed: 2015-03-16

Citation: 297 Ga. 1, 770 S.E.2d 616, 2015 Ga. LEXIS 179

Snippet: (3), (3.1), (3.2), (3.3), (3.4), (3.5), (3.7), (4), (4.1), (4.2), (4.3), (4.4), (4.5), (4.6), (4.7)

Ward v. HUDCO LOAN COMPANY

Court: Supreme Court of Georgia | Date Filed: 1985-04-30

Citation: 328 S.E.2d 729, 254 Ga. 294, 1985 Ga. LEXIS 688

Snippet: § 57-116; Ga. L. 1976, p. 1197 (former OCGA § 7-4-4), 7% addon interest could be charged. The penalty