Ga. Code § 44-12-117

Current through 2023-2024 Legislative Session Chapter 709

Section 44-12-117 - Liability for necessary and extraordinary charges and expenses

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.

OCGA § 44-12-117