Georgia Statutes
§ 13-3-40 — Necessity for consideration; presumption of consideration
Georgia § 13-3-40
JurisdictionGeorgia
Title13
This text of Georgia § 13-3-40 (Necessity for consideration; presumption of consideration) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
O.C.G.A. § 13-3-40 (2026).
Text
(a)A consideration is essential to a contract which the law will enforce. An executory contract without such consideration is called nudum pactum or a naked promise.
(b)In some cases a consideration is presumed, and an averment to the contrary will not be received.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Gill v. B & R International, Inc.
507 S.E.2d 477 (Court of Appeals of Georgia, 1998)
Farmer v. Argenta
331 S.E.2d 60 (Court of Appeals of Georgia, 1985)
Phillips v. Atlantic Bank & Trust Co.
309 S.E.2d 813 (Court of Appeals of Georgia, 1983)
Citrus Tower Boulevard Imaging Center, LLC v. Owens
752 S.E.2d 74 (Court of Appeals of Georgia, 2013)
Paige v. Jurgensen
419 S.E.2d 722 (Court of Appeals of Georgia, 1992)
NationsBank, NA (South) v. Tucker
500 S.E.2d 378 (Court of Appeals of Georgia, 1998)
Han v. Han
670 S.E.2d 842 (Court of Appeals of Georgia, 2008)
Walton Electric Membership Corp. v. Snyder
487 S.E.2d 613 (Court of Appeals of Georgia, 1997)
Brown v. McGriff
567 S.E.2d 374 (Court of Appeals of Georgia, 2002)
Thomas Mote Trucking, Inc. v. PCL Civil Constructors, Inc.
540 S.E.2d 261 (Court of Appeals of Georgia, 2000)
Roberson v. Eichholz
462 S.E.2d 382 (Court of Appeals of Georgia, 1995)
First Baptist Church v. King
430 S.E.2d 635 (Court of Appeals of Georgia, 1993)
Billings Cottonseed, Inc. v. Albany Oil Mill, Inc.
328 S.E.2d 426 (Court of Appeals of Georgia, 1985)
Mullins v. Wheatley Grading Contractors, Inc.
361 S.E.2d 10 (Court of Appeals of Georgia, 1987)
Hopson v. Hopson (In Re Hopson)
216 B.R. 297 (N.D. Georgia, 1997)
Steiner v. Handler
495 S.E.2d 132 (Court of Appeals of Georgia, 1997)
Johnson v. Hardwick
441 S.E.2d 450 (Court of Appeals of Georgia, 1994)
Campbell v. State
648 S.E.2d 684 (Court of Appeals of Georgia, 2007)
Sellers v. Citizens & Southern National Bank
338 S.E.2d 480 (Court of Appeals of Georgia, 1985)
Scott v. Stroud
369 S.E.2d 51 (Court of Appeals of Georgia, 1988)
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Georgia § 13-3-40, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/13-3-40.