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HelloThis is Samuel and I will discuss this and provide you information in this regard.The statute of limitations on such a verbal contact under GA law is 4 years if it was a verbal agreement and 6 if it was a written agreement.
That can be found at GA statute 9-3-25 for a verbal agreement.And it states:9-3-25. All actions upon open account, or for the breach of any contract not under the hand of the party sought to be charged, or upon any implied promise or undertaking shall be brought within four years after the right of action accrues. However, this Code section shall not apply to actions for the breach of contracts for the sale of goods under Article 2 of Title 11.
I suggest, if a lawsuit is brought and you are served, you can file a Motion to Dismiss based on that statute.
Or if it was a written agreement you can cite GA statute 9-3-24 which statesAll actions upon simple contracts in writing shall be brought within six years after the same become due and payable. However, this Code section shall 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.
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