Georgia § 16-17-3 - Collection of indebtedness barred; civil action permitted by borrowers.
Full text of Georgia Official Code of Georgia Annotated § 16-17-3 — Collection of indebtedness barred; civil action permitted by borrowers., with citation guidance and answers to common questions.
§ 16-17-3. Collection of indebtedness barred; civil action permitted by borrowers.
Any person who violates subsection (a) or (b) of Code Section 16-17-2 shall be barred from the collection of any indebtedness created by said loan transaction and said transaction shall be void ab initio, and any person violating the provisions of subsection (a) or (b) of Code Section 16-17-2 shall in addition be liable to the borrower in each unlawful transaction for three times the amount of any interest or other charges to the borrower. A civil action under Code Section 16-17-2 may be brought on behalf of an individual borrower or on behalf of an ascertainable class of borrowers. In a successful action to enforce the provisions of this chapter, a court shall award a borrower, or class of borrowers, costs including reasonable attorneys' fees. (Code 1981, § 16-17-3 , enacted by Ga. L. 2004, p. 60, § 3.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 16-17-3
What does Official Code of Georgia Annotated § 16-17-3 cover?
Section 16-17-3 ("Collection of indebtedness barred; civil action permitted by borrowers.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 16-17-3?
A common citation format is "Official Code of Georgia Annotated § 16-17-3" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 16-17-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.