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.
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