13-1-2. Contract defined — Executed and executory contracts.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(a)
An executed contract is one in which all the parties thereto have performed all the obligations which they have originally assumed.#
(b)
An executory contract is one in which something remains to be done by one or more parties.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Orig. Code 1863, § 2677; Code 1868, § 2673; Code 1873, § 2715; Code 1882, § 2715; Civil Code 1895, § 3632; Civil Code 1910, § 4217; Code 1933, § 20-102.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t13-(v11)-2010-pdf.pdf, Volume V11, 2010 edition, page 8; merge action: annotated; file SHA-256 18573afb153d.