There is a newer version of the Georgia Code
2010 Georgia Code
TITLE 7 - BANKING AND FINANCE
CHAPTER 4 - INTEREST AND USURY
ARTICLE 1 - IN GENERAL
§ 7-4-14 - Interest runs from default unless otherwise agreed; when demand necessary
O.C.G.A. 7-4-14 (2010)7-4-14. Interest runs from default unless otherwise agreed; when demand necessary
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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