O.C.G.A. § 13-3-40: Necessity for consideration; presumption of consideration.
Where this section sits in the code
- TITLE 13 Contracts
- CHAPTER 3 Elements and Formation Generally
- Article 3 Consideration
(a) A consideration is essential to a contract which the law will enforce. An executory contract without such consideration is called nudum pactum or a naked promise.
(b) In some cases a consideration is presumed, and an averment to the contrary will not be received.
Collected 2026-09-17T19:34:57Z. Source file · JSON