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2023 CODE OF GEORGIA
Title 7 - BANKING AND FINANCE (§§ 7-1-1 — 7-9-13)
Chapter 4 - INTEREST AND USURY (§§ 7-4-1 — 7-4-30)
Article 1 - IN GENERAL (§§ 7-4-1 — 7-4-21)
Section 7-4-14 - Interest runs from default unless otherwise agreed; when demand necessary
Universal Citation:
GA Code § 7-4-14 (2023)
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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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