Court of Appeals for the Fifth Circuit July 5, 1979, Nos. 77-1337, 77-1706, 77-2112 and 77-3213 (Williams v. Public Finance Corp.)

lead-opinion

GOLDBERG, Circuit Judge:

These four consolidated cases all involve the same question of federal law. The question is whether a loan which is void because it violates a Georgia usury law, the Georgia Industrial Loan Act (ILA), Ga.Code Ann. §§ 25-301, et seq., § 25-9903, can also violate the federal Truth-in-Lending (TIL) Act, 15 U.S.C. §§ 1601, et seq. (Consumer Credit Protection Act).