Statutes > Georgia Statutes > TITLE 13 - CONTRACTS > CHAPTER 4 - MODIFICATION, EXTINGUISHMENT, AND RENEWAL > ARTICLE 6 - ACCORD AND SATISFACTION > § 13-4-100 - Effect of executory accord

§ 13-4-100 - Effect of executory accord

O.C.G.A. 13-4-100 (2010)
13-4-100. Effect of executory accord


An accord may not amount to an extinguishment of the original debt but may extend only to suspend the execution or collection thereof for a limited time; in the meantime, an action on the original debt cannot be sustained.