There is a newer version of the Georgia Code
2010 Georgia Code
TITLE 13 - CONTRACTS
CHAPTER 1 - GENERAL PROVISIONS
§ 13-1-2 - Contract defined -- Executed and executory contracts
O.C.G.A. 13-1-2 (2010)13-1-2. Contract defined -- Executed and executory contracts
(a) An executed contract is one in which all the parties thereto have performed all the obligations which they have originally assumed.
(b) An executory contract is one in which something remains to be done by one or more parties.
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