Georgia Statutes

§ 7-4-14 — Interest runs from default unless otherwise agreed; when demand necessary

Georgia·Title 7
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.

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Related

SunTrust Bank v. Hightower
660 S.E.2d 745 (Court of Appeals of Georgia, 2008)
5 case citations
HARPAGON CO., LLC v. Freeman
640 S.E.2d 268 (Supreme Court of Georgia, 2007)
1 case citations
Northside Environmental Services, Inc. v. National Bank
381 S.E.2d 536 (Court of Appeals of Georgia, 1989)

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