History. Code 1981, § 13-1-14 , enacted by Ga. L. 2013, p. 30, § 1/SB 139; Ga. L. 2020, p. 156, § 8/SB 462.
Effective date. —
This Code section became effective April 9, 2013.
The 2020 amendment, effective June 30, 2020, substituted “installment loans” for “industrial loans” in subsection (c). See Editor’s notes for applicability.
Editor’s notes.
Ga. L. 2020, p. 156, § 1/SB 462, not codified by the General Assembly, provides that: “The General Assembly finds and declares that installment lending vitally affects the general economy of Georgia and the public interest and welfare of its citizens; therefore, it is the policy of Georgia and the purpose of this chapter to protect the interest of borrowers and provide for sound, efficient, and responsive regulation of installment lenders.”
Ga. L. 2020, p. 156, § 10/SB 462, not codified by the General Assembly, provides that: “This Act shall apply to all installment loan agreements entered into on and after July 1, 2020.”
Code Section 7-3-15, referred to in subsection (c) of this Code section, was transferred to Code Section 7-3-12 by Ga. L. 2020, p. 156, § 2/SB 462, effective June 30, 2020.
Structure Georgia Code
Chapter 1 - General Provisions
§ 13-1-1. Contract Defined — Generally
§ 13-1-2. Contract Defined — Executed and Executory Contracts
§ 13-1-3. Contract Defined — Contract of Record
§ 13-1-4. Contract Defined — Specialty Contract
§ 13-1-5. Contract Defined — Simple Contract
§ 13-1-6. Contract Defined — Parol Contracts
§ 13-1-7. Contract Defined — Absolute and Conditional Contracts
§ 13-1-8. Contract Defined — Entire and Severable Contracts
§ 13-1-9. Apportionment of Entire Contracts
§ 13-1-10. Licenses and Contracts Distinguished
§ 13-1-13. Recovery of Voluntary Payments
§ 13-1-15. Convenience Fee; When Appropriate
§ 13-1-16. Additional Contracts Terminable by Service Members; Requirements