Georgia Statutes

§ 7-4-15 — When interest runs on liquidated demands; promissory notes payable on demand

Georgia § 7-4-15

This text of Georgia § 7-4-15 (When interest runs on liquidated demands; promissory notes payable on demand) 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. § 7-4-15 (2026).

Text

All liquidated demands, where by agreement or otherwise the sum to be paid is fixed or certain, bear interest from the time the party shall become liable and bound to pay them; if payable on demand, they shall bear interest from the time of the demand. In case of promissory notes payable on demand, the law presumes a demand instantly and gives interest from date.

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Bluebook (online)
Georgia § 7-4-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/ga/7-4-15.