Interest runs from default unless otherwise agreed; when demand necessary

Official Code of Georgia Annotated

Section: 7-4-14

Jurisdiction: GA

Bluebook Citation: O.C.G.A. § 7-4-14

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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