2010 Georgia Code 13-4-101 Case Law
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Graham W. Syfert, Esq.

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One Click Case Law for § 13-4-101
O.C.G.A. § 13-4-100 <-- --> O.C.G.A. §13-4-102



2010 Georgia Code

TITLE 13 - CONTRACTS

CHAPTER 4 - MODIFICATION, EXTINGUISHMENT, AND RENEWAL
ARTICLE 6 - ACCORD AND SATISFACTION
§ 13-4-101 - Elements and requirements of accord and satisfaction generally

O.C.G.A. 13-4-101 (2010)
13-4-101. Elements and requirements of accord and satisfaction generally


Accord and satisfaction occurs where the parties to an agreement, by a subsequent agreement, have satisfied the former agreement, and the latter agreement has been executed. The execution of a new agreement may itself amount to a satisfaction of the former agreement, where it is so expressly agreed by the parties; and, without such agreement, if the new promise is founded on a new consideration, the taking of it is a satisfaction of the former agreement.

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

graham@syfert.com