Basics of contract law in Georgia ; 1. A Meeting of the Minds ; 2.2020 Georgia Code Title 13 - Contracts Chapter 5 - Defenses Article 2 - Statute of Frauds § 13-5-31. Agreements Enforceable Without Writing Contracts § 13-3-1. Section 13-3-1 - Essentials of contracts generally. YIn Georgia, the statute of limitations for oral contracts is 4 years and the statute of limitations for written contracts is 6 years. This Georgia Construction Contracts page summarizes the contract terms and requirements every Georgia construction company should know. Damages recoverable for a breach of contract are such as arise naturally and according to the usual course of things from such breach. Contracts § 13-2-2 on Westlaw.