Georgia § 7-3-12 - Limitation on further charges.
Full text of Georgia Official Code of Georgia Annotated § 7-3-12 — Limitation on further charges., with citation guidance and answers to common questions.
§ 7-3-12. Limitation on further charges.
No licensee shall charge, contract for, or receive any other or further amount in connection with any loans authorized by this chapter in addition to those provided in Code Section 7-3-11, except the actual lawful fees paid to a public official or agency of the state for filing, recording, or, on loans over $100.00, the amount of the lawful premiums, no greater than such fees, actually paid for insurance against the risk of nonrecording or releasing any instrument securing the loan; the court costs and attorney fees authorized by law incurred in the collection of any contract in default; and the actual and reasonable expenses of repossessing, storing, and selling any collateral pledged as security for any contract in default. No licensee shall divide into separate parts any contract for the purpose or with the effect of obtaining charges in excess of those authorized by this chapter. (Ga. L. 1904, p. 79, §§ 10, 12; Civil Code 1910, §§ 3459, 3461; Ga. L. 1920, p. 215, § 13; Code 1933, §§ 25-214, 25-216, 25-313, 25-316; Ga. L. 1935, p. 394, § 2; Ga. L. 1955, p. 431, § 16; Code 1981, § 7-3-15 ; Code 1981, § 7-3-12 , as redesignated by Ga. L. 2020, p. 156, § 2/SB 462.) The 2020 amendment, effective June 30, 2020, redesignated former Code Section 7-3-15 as present Code Section 7-3-12, and substituted "Code Section 7-3-11" for "Code Section 7-3-14". See Editor's notes at the beginning of this chapter for applicability. Editor's notes. - Former Code Section 7-3-12, concerning books, records, and reports, was repealed by Ga. L. 2020, p. 156, § 2/SB 462, effective June 30, 2020. The former Code section was based on Ga. L. 1904, p. 79, § 6; Civil Code 1910, §§ 3454, 3455; Ga. L. 1920, p. 215, § 11; Code 1933, §§ 25-209, 25-210, 25-310; Ga. L. 1955, p. 431, § 10; Ga. L. 1989, p. 14, § 7.
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 7-3-12
What does Official Code of Georgia Annotated § 7-3-12 cover?
Section 7-3-12 ("Limitation on further charges.") 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 § 7-3-12?
A common citation format is "Official Code of Georgia Annotated § 7-3-12" (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 § 7-3-12 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.