Georgia § 2-8A-7 - Repayment of interest loan.
Full text of Georgia Official Code of Georgia Annotated § 2-8A-7 — Repayment of interest loan., with citation guidance and answers to common questions.
§ 2-8A-7. Repayment of interest loan.
Repayment of an interest loan made from the fund shall be deferred for a period of time not more than five years or the time when the emerging crop should reach maturity, whichever is later. The schedule for repayment of the interest loan shall be a period of time equal to two times the period that interest is paid on the loan from the fund for that emerging crop. No interest shall be charged on interest loans from the fund, and only the amount actually loaned from the fund shall be required to be repaid. Repayment of interest loans from the fund shall be made to the lender, which shall remit the amounts collected to the Georgia Development Authority for deposit into the fund. (Code 1981, § 2-8A-7 , enacted by Ga. L. 1990, p. 1696, § 1; Ga. L. 2013, p. 671, § 1/SB 91.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 2-8A-7
What does Official Code of Georgia Annotated § 2-8A-7 cover?
Section 2-8A-7 ("Repayment of interest loan.") 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 § 2-8A-7?
A common citation format is "Official Code of Georgia Annotated § 2-8A-7" (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 § 2-8A-7 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.