Back interest may be stipulated in contract and recovered

O.C.G.A. § 7-4-9 — under Banking and Finance.

O.C.G.A. § 7-4-9

Interest from date, if the debt is not punctually paid at maturity, may be recovered when so stipulated in the contract, provided that interest has not already been included in the principal amount. History. Orig. Code 1863, § 2025; Code 1868, § 2026; Code 1873, § 2052; Code 1882, § 2052; Civil Code 1895, § 2879; Civil Code 1910, § 3429; Code 1933, § 57-105; Ga. L. 2024, p. 1052, § 1(a)(37)/SB 448, effective July 1, 2024. Amendments. The 2024 amendment, effective July 1, 2024, part of an Act to revise, modern- ize, and correct the Code, substituted “provided that interest” for “provided interest” in this Code section.