Georgia § 11-2A-403 - Retraction of anticipatory repudiation.
Full text of Georgia Official Code of Georgia Annotated § 11-2A-403 — Retraction of anticipatory repudiation., with citation guidance and answers to common questions.
§ 11-2A-403. Retraction of anticipatory repudiation.
Until the repudiating party's next performance is due, the repudiating party can retract the repudiation unless, since the repudiation, the aggrieved party has canceled the lease contract or materially changed the aggrieved party's position or otherwise indicated that the aggrieved party considers the repudiation final. Retraction may be by any method that clearly indicates to the aggrieved party that the repudiating party intends to perform under the lease contract and includes any assurance demanded under Code Section 11-2A-401. Retraction reinstates a repudiating party's rights under a lease contract with due excuse and allowance to the aggrieved party for any delay occasioned by the repudiation. (Code 1981, § 11-2A-403 , enacted by Ga. L. 1993, p. 633, § 1; Ga. L. 2002, p. 415, § 11.) The 2002 amendment, effective April 18, 2002, part of an Act to revise, modernize, and correct the Code, substituted "canceled" for "cancelled" in subsection (1).
Frequently Asked Questions About Georgia § 11-2A-403
What does Official Code of Georgia Annotated § 11-2A-403 cover?
Section 11-2A-403 ("Retraction of anticipatory repudiation.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 11-2A-403?
A common citation format is "Official Code of Georgia Annotated § 11-2A-403" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 11-2A-403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.