2010 Georgia Code 11-3-117 Case Law
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One Click Case Law for § 11-3-117
O.C.G.A. § 11-3-116 <-- --> O.C.G.A. §11-3-118



2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 3 - NEGOTIABLE INSTRUMENTS
PART 1 - GENERAL PROVISIONS AND DEFINITIONS
§ 11-3-117 - Other agreements affecting instrument

O.C.G.A. 11-3-117 (2010)
11-3-117. Other agreements affecting instrument


Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument may be modified, supplemented, or nullified by a separate agreement of the obligor and a person entitled to enforce the instrument, if the instrument is issued or the obligation is incurred in reliance on the agreement or as part of the same transaction giving rise to the agreement. To the extent an obligation is modified, supplemented, or nullified by an agreement under this Code section, the agreement is a defense to the obligation.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com