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Georgia State Code
Title      13
Chapter       4  
Section Navigation     1 ... 24         25 ... 80    
      81 ... 104     
Section<<< 81 82 100 101 102 103 104  
Title 13, Chapter 4, Section 101 (13-4-101)

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.

Defined terms referenced in this section:
Saturday May 23 10:24 EDT


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