13 GCA § 3106: Sum Certain.
Where this section sits in the code
- Title 13: Uniform Commercial Code
- Division 3: Commercial Paper
- CHAPTER 1: SHORT TITLE, FORM AND INTERPRETATION
(1) The sum payable is a sum certain even though it is to be paid
(a) With stated interest or by stated installments; or
(b) With stated different rates of interest before and after default or a specified date; or
(c) With a stated discount or addition if paid before or after the date fixed for payment; or
(d) With exchange or less exchange, whether at a fixed rate or at the current rate; or
(e) With costs of collection or an attorney's fee or both upon default.
(2) Nothing in this section shall validate any term which is otherwise illegal.
Collected 2026-09-27T03:27:58Z. Source file · JSON