§ 7-4-14 - Interest runs from default unless otherwise agreed; when demand necessary - Georgia Statutes

O.C.G.A. 7-4-14 (2010)
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.