Georgia § 13-3-43 - Effect of satisfying requirement of consideration.
Full text of Georgia Official Code of Georgia Annotated § 13-3-43 — Effect of satisfying requirement of consideration., with citation guidance and answers to common questions.
§ 13-3-43. Effect of satisfying requirement of consideration.
If the requirement of consideration is met, there is no additional requirement of a gain, advantage, or benefit to the promisor or of a loss, disadvantage, or detriment to the promisee. (Code 1933, § 20-302.1, enacted by Ga. L. 1981, p. 876, § 2.) Law reviews. - For article discussing third party beneficiary contracts, see 4 Ga. B.J. 19 (1941). For article, "Considering the Consideration Approach to Classifying Georgia Contracts In Partial Restraint of Trade," see 10 Ga. St. B.J. 18 (No. 2, 2004).
Frequently Asked Questions About Georgia § 13-3-43
What does Official Code of Georgia Annotated § 13-3-43 cover?
Section 13-3-43 ("Effect of satisfying requirement of consideration.") 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 § 13-3-43?
A common citation format is "Official Code of Georgia Annotated § 13-3-43" (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 § 13-3-43 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.