Since a loan is gratuitous, the borrower must pay all necessary charges and expenses in preserving and taking care of the property during the time of the loan. If, however, extraordinary expenses are necessary to protect the property from destruction, the lender must reimburse the borrower for such expenses.
History. Orig. Code 1863, § 2110; Code 1868, § 2105; Code 1873, § 2132; Code 1882, § 2132; Civil Code 1895, § 2951; Civil Code 1910, § 3523; Code 1933, § 12-508.
Structure Georgia Code
Chapter 12 - Rights in Personalty
§ 44-12-110. Kinds of Loans; Nature of Loan for Consumption
§ 44-12-111. Nature of Loan for Use
§ 44-12-112. Borrower's Duty of Extraordinary Care
§ 44-12-113. Loan Beneficiaries and Responsibilities
§ 44-12-114. Right of Borrower to Possession; Action for Interference
§ 44-12-115. When Borrower May Transfer Thing Loaned; Liability of Article to Levy and Sale
§ 44-12-116. Revocability of Loans
§ 44-12-117. Liability for Necessary and Extraordinary Charges and Expenses
§ 44-12-118. Ownership of Increase in Loaned Property
§ 44-12-119. How Loaned Property Used; Acts Considered as Conversion