Título 11. COMMERCIAL CODE · Capítulo 1. · Artículo 1. GENERAL PROVISIONS · Parte 3. TERRITORIAL APPLICABILITY AND GENERAL RULES
11-1-309. Option to accelerate at will.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
A term providing that one party or that party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or when the party “deems itself insecure” or words of similar import shall be construed to mean that the party shall have power to do so only if that party in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against whom the power has been exercised.
History
Code 1981, § 11-1-309, enacted by Ga. L. 2015, p. 996, § 3A-1/SB 65.
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t11-(v9)-2022-pdf.pdf, Volumen V9, edición 2022, páginas 50 a 51; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.