Georgia § 7-4-14 - Interest runs from default unless otherwise agreed; when demand necessary.
Full text of Georgia Official Code of Georgia Annotated § 7-4-14 — Interest runs from default unless otherwise agreed; when demand necessary., with citation guidance and answers to common questions.
§ 7-4-14. Interest runs from default unless otherwise agreed; when demand necessary.
In the absence of an agreement to the contrary, interest shall not run until default; hence, where money can be recovered because of mistake or other like reasons, no interest shall run until after demand and refusal to refund. (Civil Code 1895, § 2881; Civil Code 1910, § 3431; Code 1933, § 57-107.) History of section. - This Code section is derived from the decision in Georgia R.R. & Banking Co. v. Smith, 83 Ga. 626 , 10 S.E. 235 (1889). Law reviews. - For survey article on trial practice and procedure, see 60 Mercer L. Rev. 397 (2008).
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 7-4-14
What does Official Code of Georgia Annotated § 7-4-14 cover?
Section 7-4-14 ("Interest runs from default unless otherwise agreed; when demand necessary.") 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 § 7-4-14?
A common citation format is "Official Code of Georgia Annotated § 7-4-14" (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 § 7-4-14 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.