{"data":{"id":"us-ga/o.c.g.a.-10-1-42","jurisdiction":"us-ga","citation":"O.C.G.A. § 10-1-42","heading":"Advancement of money to satisfy lease, lien, or security interest in motor vehicle; inclusion in gross capitalized cost.","body":"A lessor or the entity which sells the motor vehicle to the lessor for lease to a lessee may advance money to a lessee or pay money to a third party on behalf of the lessee to satisfy a lease on or a lien on or a security interest in a motor vehicle used as a trade-in on a motor vehicle which is the subject of a motor vehicle lease contract. Any amount so advanced or paid may be included in the gross capitalized cost under the motor vehicle lease contract and shall not be considered a loan. Such advance and the seller or lessor making such advance or payment shall be exempt from the provisions of Chapter 3 of Title 7, relating to installment loans, from the provisions of Chapter 4 of Title 7, relating to interest and usury, and from any other provision of Georgia law regulating loans.","path":["TITLE 10 Commerce and Trade","CHAPTER 1 Selling and Other Trade Practices","Article 2 Motor Vehicle Sales Financing"],"source_url":"https://archive.org/download/gov.ga.ocga.2018/release86.2022.11/gov.ga.ocga.title.10.odt","current_through":"Release 86 (2022-11)","vintage":"Public.Resource.Org bulk O.C.G.A., Release 86 (2022-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T19:34:57Z","sha256":"2dde4f2d6e21247b9b143a507caa7651f7503922f21f148a1651332b88c15b96","source_id":"us-ga","stale":false,"prev":"us-ga/o.c.g.a.-10-1-41","next":"us-ga/o.c.g.a.-10-1-50"},"notice":"GroundRules: Original legal text. Not legal advice."}