It’s a condition precedent so you’re able to recovery towards the a note otherwise usurious that obligee called therein was at the amount of time off performance of one’s notice duly signed up according to the provisions of Georgia Commercial Financing Work (find now Georgia Installment Financing Operate, O.C.G.A beneficial. § 7-3-1 ainsi que seq.). Hardy v. Roentgen & S Fin. Co., 116 Ga. App. 451, 157 S.E.2d 777 (1967).
Since a condition precedent so you’re able to data recovery upon a duty sustained less than provisions of Georgia Industrial Mortgage Work (see now Georgia Repayment Mortgage Act, O.C.G.A. (más…)