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Can you summarize GACO 9-3-24?
Specific Periods of Limitation > Actions on simple written contracts; exceptions.
Short Summary
This legal document, as per the Georgia Code, governs actions upon simple contracts in writing. It specifies that all actions upon simple contracts in writing must be brought within six years after they become due and payable. However, this Code section does not apply to actions for the breach of contracts for the sale of goods under Article 2 of Title 11 or to negotiable instruments under Article 3 of Title 11. The document provides historical information about the Code section and also includes judicial decisions and law reviews related to the application of the statute of limitations for actions on simple written contracts.
Whom does it apply to?
All individuals or entities involved in simple contracts in writing
What does it govern?
Actions upon simple contracts in writing
What are exemptions?
Actions for breach of contracts for the sale of goods under Article 2 of Title 11 or to negotiable instruments under Article 3 of Title 11
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Georgia