State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-14

O.C.G.A. 7-4-14 (2010)
7-4-14. Interest runs from default unless otherwise agreed; when demand necessary


In the absence of an agreement to the contrary, interest shall not run until default; hence, where money can be recovered because of mistake or other like reasons, no interest shall run until after demand and refusal to refund.

State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-14

O.C.G.A. 7-4-14 (2010)
7-4-14. Interest runs from default unless otherwise agreed; when demand necessary


In the absence of an agreement to the contrary, interest shall not run until default; hence, where money can be recovered because of mistake or other like reasons, no interest shall run until after demand and refusal to refund.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-7 > Chapter-4 > Article-1 > 7-4-14

O.C.G.A. 7-4-14 (2010)
7-4-14. Interest runs from default unless otherwise agreed; when demand necessary


In the absence of an agreement to the contrary, interest shall not run until default; hence, where money can be recovered because of mistake or other like reasons, no interest shall run until after demand and refusal to refund.