Georgia Statutes
§ 13-4-103 — Acceptance of less than amount of debt
Georgia § 13-4-103
JurisdictionGeorgia
Title13
This text of Georgia § 13-4-103 (Acceptance of less than amount of debt) 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. § 13-4-103 (2026).
Text
(a)Except as otherwise provided in this Code section, an agreement by a creditor to receive less than the amount of his debt cannot be pleaded as an accord and satisfaction unless it is actually executed by the payment of the money, the giving of additional security, the substitution of another debtor, or some other new consideration.
(b)Acceptance by a creditor of a check, draft, or money order marked "payment in full" or with language of equivalent condition, in an amount less than the total indebtedness, shall not constitute an accord and satisfaction unless:
(1)A bona fide dispute or controversy exists as to the amount due; or (2) Such payment is made pursuant to an independent agreement between the creditor and debtor that such payment shall satisfy the debt.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
King Industrial Realty, Inc. v. Rich
481 S.E.2d 861 (Court of Appeals of Georgia, 1997)
Harrison v. Martin
444 S.E.2d 618 (Court of Appeals of Georgia, 1994)
Quintanilla v. Rathur
490 S.E.2d 471 (Court of Appeals of Georgia, 1997)
Sepulvado v. Daniels Lincoln-Mercury, Inc.
316 S.E.2d 554 (Court of Appeals of Georgia, 1984)
Sunbelt Life Insurance v. Bank of Alapaha
337 S.E.2d 410 (Court of Appeals of Georgia, 1985)
Rafizadeh v. KR Snellville, LLC
634 S.E.2d 406 (Court of Appeals of Georgia, 2006)
Formaro v. SunTrust Bank
702 S.E.2d 443 (Court of Appeals of Georgia, 2010)
Logistics International, Inc. v. Raco/Melaver, LLC
572 S.E.2d 388 (Court of Appeals of Georgia, 2002)
Bartosz v. Chapparal Enterprises, Inc.
609 S.E.2d 185 (Court of Appeals of Georgia, 2005)
Progressive Casualty Insurance v. Evans
623 S.E.2d 767 (Court of Appeals of Georgia, 2005)
Frantz v. Piccadilly Place Condominium Ass'n
597 S.E.2d 354 (Supreme Court of Georgia, 2004)
Federal Insurance v. Paulk
325 S.E.2d 886 (Court of Appeals of Georgia, 1985)
Habachy v. Georgia Health Group, P. C.
427 S.E.2d 808 (Court of Appeals of Georgia, 1993)
WOOD BROS. CONSTRUCTION CO. v. Simons-Eastern Co.
389 S.E.2d 382 (Court of Appeals of Georgia, 1989)
McGlaun v. Southwest Georgia Production Credit Ass'n
352 S.E.2d 558 (Supreme Court of Georgia, 1987)
Treadwell v. Treadwell
463 S.E.2d 497 (Court of Appeals of Georgia, 1995)
Kendrick v. Kalmanson
534 S.E.2d 884 (Court of Appeals of Georgia, 2000)
Franklin v. Cummings
353 S.E.2d 626 (Court of Appeals of Georgia, 1987)
Atlas Casing Co. v. Joyner
386 S.E.2d 397 (Court of Appeals of Georgia, 1989)
Hall v. Bank South, Washington County
368 S.E.2d 810 (Court of Appeals of Georgia, 1988)
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Georgia § 13-4-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/13-4-103.