Georgia Statutes
§ 11-3-117 — Other agreements affecting instrument
Georgia·Title 11
Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument may be modified, supplemented, or nullified by a separate agreement of the obligor and a person entitled to enforce the instrument, if the instrument is issued or the obligation is incurred in reliance on the agreement or as part of the same transaction giving rise to the agreement. To the extent an obligation is modified, supplemented, or nullified by an agreement under this Code section, the agreement is a defense to the obligation.
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Related
Reece v. Chestatee State Bank
579 S.E.2d 11 (Court of Appeals of Georgia, 2003)
LaBanz v. Bank South
400 S.E.2d 357 (Court of Appeals of Georgia, 1990)
First Guaranty Bank v. Northwest Georgia Bank
417 S.E.2d 348 (Court of Appeals of Georgia, 1992)
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
Presumptions