---
title: O.C.G.A. § 7-4-14. Interest runs from default unless otherwise agreed; when demand necessary.
collection: code
id: 7-4-14
cite_as: O.C.G.A. § 7-4-14 (2025)
canonical_url: https://georgiacommons.org/code/7-4-14
md_url: https://georgiacommons.org/code/7-4-14.md
text_url: https://georgiacommons.org/code/7-4-14/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t7-t8-(v5)-2024-pdf.pdf?sfvrsn=6386add7_0#page=747
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
up: https://georgiacommons.org/code/7-4.md
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index: https://georgiacommons.org/code/index.md
version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: BANKING AND FINANCE / INTEREST AND USURY / IN GENERAL
---

# O.C.G.A. § 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.

## History

Civil Code 1895, § 2881; Civil Code 1910, § 3431; Code 1933, § 57-107.

## Law Reviews

For survey article on trial practice and procedure, see 60 Mercer L. Rev. 397 (2008).

## History of Code Section.

This Code section is derived from the decision in Georgia R.R. & Banking Co. v. Smith, 83 Ga. 626, 10 S.E. 235 (1889).