Interest on bonds

Interest shall cease to accrue on any bond on the date that such bond becomes due for payment if said payment is made or duly provided for, but liability for such bond and for the accrued interest thereon shall continue until such bond is 20 years overdue for payment. At that time, unless 186 Page: 187 Job Path: @mfgmic/west/stcodes/ga/repl/qj04040.63 Date: 06/30/04 Time: 20:53:24 0000 42051-21 (QS) GA 04 RV34 -- 3rd RUN 46-3-143 demand for payment has been made, such obligation shall be extinguished and shall be deemed no longer outstanding. (Ga. L. 1975, p. 107, § 11.) 46-3-140. Cancellation of evidences of indebtedness and interest coupons.