Georgia § 11-1-309 - Option to accelerate at will.
Full text of Georgia Official Code of Georgia Annotated § 11-1-309 — Option to accelerate at will., with citation guidance and answers to common questions.
§ 11-1-309. Option to accelerate at will.
A term providing that one party or that party's successor in interest may accelerate payment or performance or require collateral or additional collateral "at will" or when the party "deems itself insecure" or words of similar import shall be construed to mean that the party shall have power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against whom the power has been exercised. (Code 1981, § 11-1-309 , enacted by Ga. L. 2015, p. 996, § 3A-1/SB 65.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 11-1-309
What does Official Code of Georgia Annotated § 11-1-309 cover?
Section 11-1-309 ("Option to accelerate at will.") 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 § 11-1-309?
A common citation format is "Official Code of Georgia Annotated § 11-1-309" (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 § 11-1-309 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.