Statutes, codes, and regulations
CODE OF GEORGIA
Title 13 - CONTRACTS
Chapter 6 - DAMAGES AND COSTS GENERALLY
Section 13-6-7 - Damages and expenses recoverable - Liquidated damages generally

Ga. Code § 13-6-7

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Current through 2023-2024 Legislative Session Chapter 709
Section 13-6-7 - Damages and expenses recoverable - Liquidated damages generally

If the parties agree in their contract what the damages for a breach shall be, they are said to be liquidated and, unless the agreement violates some principle of law, the parties are bound thereby.

OCGA § 13-6-7