One Click Case Law for § 44-12-113
O.C.G.A. § 44-12-112 <-- --> O.C.G.A. §44-12-114

2010 Georgia Code

TITLE 44 - PROPERTY

CHAPTER 12 - RIGHTS IN PERSONALTY
ARTICLE 3 - BAILMENTS
PART 4 - LOANS OF PROPERTY
§ 44-12-113 - Liability of borrower -- Effect of intended benefit of loan

O.C.G.A. 44-12-113 (2010)
44-12-113. Liability of borrower -- Effect of intended benefit of loan


A loan is generally entirely for the benefit of the borrower, but sometimes it is for the joint benefit of the lender and the borrower and occasionally it is for the exclusive benefit of the lender. Where the loan is for the joint benefit of the lender and the borrower or is for the exclusive benefit of the lender, the responsibility of the borrower is varied and less stringent according to the circumstances and purpose of the loan.