Statutes, codes, and regulations
CODE OF GEORGIA
Title 7 - BANKING AND FINANCEChapter 4 - INTEREST AND USURY
Article 1 - IN GENERAL
Section 7-4-14 - Interest runs from default unless otherwise agreed; when demand necessary

Ga. Code § 7-4-14

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Current through 2023-2024 Legislative Session Chapters 1-597, 604, 609, 612, 696, 697
Section 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.

OCGA § 7-4-14