Georgia Code, Title 13, Chapter 4, Article 6 - Accord and Satisfaction

• § 13-4-100 - Effect of Executory Accord
  An accord may not amount to an extinguishment of the original debt but may extend only to suspend the execution or collection thereof for...
• § 13-4-101 - Elements and Requirements of Accord and Satisfaction Generally
  Accord and satisfaction occurs where the parties to an agreement, by a subsequent agreement, have satisfied the former agreement, and the latter agreement has...
• § 13-4-102 - Benefit to Creditor
  An accord and satisfaction must be of some advantage, legal or equitable, to the creditor or it shall not have the effect of barring...
• § 13-4-103 - Acceptance of Less Than Amount of Debt
  (a) Except as otherwise provided in this Code section, an agreement by a creditor to receive less than the amount of his debt cannot...
• § 13-4-104 - Parties Bound by Accord and Satisfaction
  An accord and satisfaction is binding upon both parties.

Last modified: October 14, 2016