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FINANCEAMERICA CORP. v. DRAKE

59179.

154 Ga. App. 811 (1980)

270 S.E.2d 449

FINANCEAMERICA CORPORATION v. DRAKE.

Court of Appeals of Georgia.

Decided April 24, 1980.

Rehearing Denied June 11, 1980.

Attorney(s) appearing for the Case

Joseph G. Davis, Jr., John C. Porter, Jr., for appellant.

E. Graydon Shuford, for appellee.

Ralph S. Goldberg, amicus curiae.

CARLEY, Judge.

This case again presents for review the propriety of our decision in Consolidated Credit Corp. v. Peppers, 144 Ga.App. 401 (240 S.E.2d 922) (1977). The sole issue in that Industrial Loan Act (ILA) case was the meaning of the phrase "face amount of the contract" (hereinafter, FAC) as used in Code Ann. § 25-315 (b). The phrase is used in both subsections (a) and (b)...

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